The Resource Inflation and Stabilization in Transition Economies : a Comparison with Market Economies, Carlos A V & x000E9 ; gh Gramont
Inflation and Stabilization in Transition Economies : a Comparison with Market Economies, Carlos A V & x000E9 ; gh Gramont
Resource Information
The item Inflation and Stabilization in Transition Economies : a Comparison with Market Economies, Carlos A V & x000E9 ; gh Gramont represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in University of San Diego Libraries.This item is available to borrow from 1 library branch.
Resource Information
The item Inflation and Stabilization in Transition Economies : a Comparison with Market Economies, Carlos A V & x000E9 ; gh Gramont represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in University of San Diego Libraries.
This item is available to borrow from 1 library branch.
- Summary
- A simple model is developed to understand inflationary pressures and stabilization in nonmarket economies. In light of the model, the paper reviews the inflation and stabilization experiences of several transition economies in Eastern Europe and the former Soviet Union. These experiences are then compared to those of high inflation market economies. The paper concludes that, despite significant differences in the economic structure and institutional framework, the inflation and stabilization experiences in transition and market economies are similar in many respects. In particular, monetary accommodation and lack of fiscal discipline are critical in sustaining inflation, and exchange rate-based anchors seem more successful than money anchors in bringing down inflation. On the other hand, wage policies appear to be more critical in reigning inflation in transition economies than in market economies
- Language
- eng
- Extent
- 1 online resource (68 pages)
- Isbn
- 9781455280605
- Label
- Inflation and Stabilization in Transition Economies : a Comparison with Market Economies
- Title
- Inflation and Stabilization in Transition Economies
- Title remainder
- a Comparison with Market Economies
- Statement of responsibility
- Carlos A V & x000E9 ; gh Gramont
- Language
- eng
- Summary
- A simple model is developed to understand inflationary pressures and stabilization in nonmarket economies. In light of the model, the paper reviews the inflation and stabilization experiences of several transition economies in Eastern Europe and the former Soviet Union. These experiences are then compared to those of high inflation market economies. The paper concludes that, despite significant differences in the economic structure and institutional framework, the inflation and stabilization experiences in transition and market economies are similar in many respects. In particular, monetary accommodation and lack of fiscal discipline are critical in sustaining inflation, and exchange rate-based anchors seem more successful than money anchors in bringing down inflation. On the other hand, wage policies appear to be more critical in reigning inflation in transition economies than in market economies
- Cataloging source
- LLB
- http://bibfra.me/vocab/lite/collectionName
- IMF eLibrary
- http://library.link/vocab/creatorDate
- 1958-
- http://library.link/vocab/creatorName
- Végh Gramont, Carlos A.
- Government publication
- international or intergovernmental publication
- Index
- no index present
- Literary form
- non fiction
- Nature of contents
- dictionaries
- http://library.link/vocab/relatedWorkOrContributorName
- Sahay, Ratna
- Series statement
- IMF Working Paper,
- Series volume
- WP/95/8
- Label
- Inflation and Stabilization in Transition Economies : a Comparison with Market Economies, Carlos A V & x000E9 ; gh Gramont
- Carrier category
- online resource
- Carrier category code
-
- cr
- Carrier MARC source
- rdacarrier
- Color
- multicolored
- Content category
- text
- Content type code
-
- txt
- Content type MARC source
- rdacontent
- Control code
- 951624938
- Dimensions
- unknown
- Extent
- 1 online resource (68 pages)
- Form of item
- online
- Isbn
- 9781455280605
- Issn
- 2227-8885
- Media category
- computer
- Media MARC source
- rdamedia
- Media type code
-
- c
- Other control number
-
- 10.5089/9781451842487.001
- 10.5089/9781455280605.001
- Specific material designation
- remote
- System control number
-
- imfWPIEA0081995
- (IMF)WPIEA0081995
- (OCoLC)951624938
- Label
- Inflation and Stabilization in Transition Economies : a Comparison with Market Economies, Carlos A V & x000E9 ; gh Gramont
- Carrier category
- online resource
- Carrier category code
-
- cr
- Carrier MARC source
- rdacarrier
- Color
- multicolored
- Content category
- text
- Content type code
-
- txt
- Content type MARC source
- rdacontent
- Control code
- 951624938
- Dimensions
- unknown
- Extent
- 1 online resource (68 pages)
- Form of item
- online
- Isbn
- 9781455280605
- Issn
- 2227-8885
- Media category
- computer
- Media MARC source
- rdamedia
- Media type code
-
- c
- Other control number
-
- 10.5089/9781451842487.001
- 10.5089/9781455280605.001
- Specific material designation
- remote
- System control number
-
- imfWPIEA0081995
- (IMF)WPIEA0081995
- (OCoLC)951624938
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<div class="citation" vocab="http://schema.org/"><i class="fa fa-external-link-square fa-fw"></i> Data from <span resource="http://link.sandiego.edu/portal/Inflation-and-Stabilization-in-Transition/HXogwTJCUlg/" typeof="Book http://bibfra.me/vocab/lite/Item"><span property="name http://bibfra.me/vocab/lite/label"><a href="http://link.sandiego.edu/portal/Inflation-and-Stabilization-in-Transition/HXogwTJCUlg/">Inflation and Stabilization in Transition Economies : a Comparison with Market Economies, Carlos A V & x000E9 ; gh Gramont</a></span> - <span property="potentialAction" typeOf="OrganizeAction"><span property="agent" typeof="LibrarySystem http://library.link/vocab/LibrarySystem" resource="http://link.sandiego.edu/"><span property="name http://bibfra.me/vocab/lite/label"><a property="url" href="http://link.sandiego.edu/">University of San Diego Libraries</a></span></span></span></span></div>
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<div class="citation" vocab="http://schema.org/"><i class="fa fa-external-link-square fa-fw"></i> Data from <span resource="http://link.sandiego.edu/portal/Inflation-and-Stabilization-in-Transition/HXogwTJCUlg/" typeof="Book http://bibfra.me/vocab/lite/Item"><span property="name http://bibfra.me/vocab/lite/label"><a href="http://link.sandiego.edu/portal/Inflation-and-Stabilization-in-Transition/HXogwTJCUlg/">Inflation and Stabilization in Transition Economies : a Comparison with Market Economies, Carlos A V & x000E9 ; gh Gramont</a></span> - <span property="potentialAction" typeOf="OrganizeAction"><span property="agent" typeof="LibrarySystem http://library.link/vocab/LibrarySystem" resource="http://link.sandiego.edu/"><span property="name http://bibfra.me/vocab/lite/label"><a property="url" href="http://link.sandiego.edu/">University of San Diego Libraries</a></span></span></span></span></div>
