Asymmetric monetary and exchange-rate policies in Latin American countries that use inflation targeting
In recent decades, Latin American countries have adopted more flexible exchange-rate regimes and set inflation targets. Several authors argue that some countries’ monetary and exchange-rate policies suffer from a procyclical bias, whereby central banks are reluctant to reduce interest rates when inf...
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Formato: | Texto |
Lenguaje: | English |
Publicado: |
2018
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Acceso en línea: | http://hdl.handle.net/11362/44318 |
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