The business cycle associated with exchange rate-based stabilizations

World Bank Economic Review

Volumn 6, Issue 2, 1992, Pages 279-305

  Kiguel, Miguel A ^a   Liviatan, Nissan ^a  

^a WORLD BANK   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

BUSINESS CYCLE; ECONOMIC STABILISATION; EXCHANGE RATE; INFLATION PROGRAMME; INFLATION REDUCTION; PHILLIPS CURVE; STABILISATION PROGRAMME;

ISRAEL; LATIN AMERICA;

EID: 0027061220     PISSN: 02586770     EISSN: None     Source Type: Journal    
DOI: 10.1093/wber/6.2.279     Document Type: Article

References (48)

1. The word "processed" describes informally reproduced works that may not be commonly available through library systems.
2. Banco Central de Chile. Various years. Annual Report. Santiago.
3. Bank of Israel. Various years. Annual Report. Jerusalem.
4. Bruno, Michael, and Sylvia Piterman. 1988. "Israel’s Stabilization: A Two-Year Review." In Michael Bruno, Guido Di Telia, Rudiger Dombusch, and Stanley Fischer, eds., Inflation Stabilization. Cambridge, Mass.: mit Press.
5. Calvo, Guillermo A. 1986. "Temporary Stabilization: Predetermining Exchange Rates." Journal of Political Economy, 94 (6): 1319-29.
6. Calvo, Guillermo A. 1987. "Balance of Payments Crises in a Cash-in-Advance Economy." Journal of Money, Credit, and Banking, 19 (1): 19-32.
7. Calvo, Guillermo A. 1991. "Temporary Stabilization Policy: The Case of Flexible Prices and Exchange Rates" Journal of Economic Dynamics and Control (Netherlands), 15 (January): 197-213.
8. Calvo, Guillermo A., and Carlos A. Vegh. 1990. "Credibility and the Dynamics of Stabilization Policy: A Basic Framework." imf Working Paper WP/90/110. Washington, D.C. Processed.
9. Corbo, Vittorio. 1985. "Reforms and Macroeconomic Adjustments in Chile during 1974-84." World Development, 13 (8): 893-916.
10. Cline, William R., and Sidney Weintraub. 1981. Economic Stabilization in Developing Countries. Washington, D.C.: The Brookings Institution.
11. De Pablo, Juan Carlos. 1974. "Relative Prices, Income Distribution, and Stabilization Plans: The Argentine Experience, 1967-70." Journal of Development Economics, 1 (3): 167-90.
12. De Pablo, Juan Carlos, and Alfonso Martinez. 1988. "Argentina." World Bank, Washington, D.C. Processed.
13. Di Telia, Guido. 1979. "The Economic Policies of Argentina’s Labor-Based Government, 1973-76." In Rosemary Thorp and Laurence Whitehead, eds., Inflation and Stabilization in Latin America. New York: Holmes and Meier.
14. Di Telia, Guido, and Rudiger Dombusch, Eds. 1989. The Political Economy of Argentina. University of Pittsburgh Press.
15. Dombusch, Rudiger, and Stanley Fischer. 1986. "Stopping Hyperinflation Past and Present." Weltwirstchaftliches Archiv, 122 (1, January): 1-47.
16. Dombusch, Rudiger, and Stanley Fischer. 1987. Macroeconomics. 4th Edition. New York: McGraw Hill.
17. Drazen, Allan. 1990. "Can Exchange Rate Freezes Induce Business Cycles?" University of Maryland, Department of Economics, College Park. Processed.
18. Edwards, Sebastian, and Alejandra Cox Edwards. 1987. Monetarism and Liberalization: The Chilean Experiment. Cambridge, Mass.: Ballinger.
19. Finch, M. H. J. 1979. "Stabilization Policy in Uruguay since the 1950s." In Rosemary Thorp and Laurence Whitehead, eds., Inflation and Stabilization in Latin America. New York: Holmes and Meier.
20. Fischer, Stanley. 1986. Indexing, Inflation, and Economic Policy. Cambridge, Mass.: MIT Press.
21. Fischer, Stanley. 1988. "Real Balances, the Exchange Rate, and Indexation: Real Variables in Disinflation." Quarterly Journal of Economics, 103 (1): 27-49.
22. Foxley, Alejandro. 1980. "Stabilization Policies and Stagflation: The Cases of Brazil and Chile." World Development, 8: 887-912.
23. Garber, Peter M. 1982. "Transition from Inflation to Price Stability." Camegie-Rochester Conference Series on Public Policy, 16: 11-42.
24. Helpman, Elhanan, and Assaf Razin. 1987. "Exchange Rate Management: Intertemporal Tradeoffs." American Economic Review, (March): 107-23.
25. Heyman, Daniel. 1987. "The Austral Plan." American Economic Review, 77 (2): 284-87.
26. Instituto Nacional de Estadísticas (Chile). Various issues. Informativo estadístico.
27. International Monetary Fund. Various years. International Financial Statistics. Washington, D.C.
28. Kiguel, Miguel A. 1991. "Inflation in Argentina: Stop and Go since the Austral Plan." World Development, 19 (8): 969-86.
29. Kiguel, Miguel A., and Nissan Liviatan. 1988. "Inflationary Rigidities and Orthodox Stabilization Policies: Lessons from Latin America." The World Bank Economic Review, 2 (3, September): 273-98.
30. Kiguel, Miguel A., and Nissan Liviatan. 1990. "The Business Cycle Associated with Exchange Rate-Based Stabilizations." PRE Working Paper 513. World Bank, Country Economics Department, Washington, D.C. Processed.
31. Krugman, Paul, and Lance Taylor. 1978. "Contractionary Effects of Devaluation." Journal of International Economics, 8 (3): 445-56.
32. Lizondo, Saul J., and Peter J. Montiel. 1989. "Contractionary Devaluation in Developing Countries: An Analytic Overview." IMF Staff Papers, 36 (1): 182-227.
33. Modiano, Eduardo M. 1988. "The Cruzado First Attempt: The Brazilian Stabilization Program of February 1986." In Michael Bruno, Guido Di Telia, Rudiger Dombusch, and Stanley Fischer, eds., Inflation Stabilization. Cambridge, Mass: MIT Press.
34. Obstfeld, Maurice. 1985. "The Capital In-Flows Problem Revisited: A Stylized Model of Southern Cone Disinflation." Review of Economic Studies, 52 (4): 605-26.
35. Ortiz, Guillermo. 1991. "Mexico Beyond the Debt Crisis, Towards Stabilization and Growth and Price Stability." In Michael Bruno, Stanley Fischer, Elhanan Helpman, and Nissan Liviatan with Leora (Rubin) Meridor, eds., Lessens of Economic Stabilization and Its Aftermath. Cambridge, Mass: MIT Press.
36. Pazos, Felipe. 1972. Chronic Inflation In Latin America. New York: Praeger.
37. Ramos, Joseph. 1986. Neoconservative Economics in the Southern Cone of Latin America, 1973-83. Baltimore, Md.:Johns Hopkins University Press.
38. Rodriguez, Carlos A. 1982. "The Argentine Stabilization Plan of December 20th." World Development, 10(9): 801-11.
39. Rodriguez, Carlos A. 1984. "La Estrategia de Estabilización con Tipo de Cambio Flexible y Política Monetaria Activa." Cuadernos de Economía (Chile), 21 (August): 103-21.
40. Sachs, Jeffrey D. 1986. "The Bolivian Hyperinflation and Stabilization." NBER Discussion Paper 2073. National Bureau of Economic Research, Cambridge, Mass. Processed.
41. Sargent, Thomas J. 1982. "The End of Four Big Inflations." In Robert E. Hall, ed., Inflation: Causes and Effects. University of Chicago Press.
42. Sargent, Thomas J. 1986. "Stopping Moderate Inflations: The Methods of Poincare and Thatcher." Rational Expectations and Inflation. New York: Harper & Row.
43. Simonsen, Mario Henrique. 1974. "The Anti-Inflation Policy." In Mario Henrique Simonsen and Roberto de Oliveira Campos, eds., The New Brazilian Economics. Rio de Janeiro: Crown Editores Intemadonais.
44. Taylor, John. 1979. "Staggered Wage Setting in a Macro Model." American Economic Review Papers and Proceedings, 69 (2): 108-13.
45. Thorp, Rosemary. 1965. "Economic Policies in Argentina in the Post-War Years." Bulletin of the Oxford University Institute of Statistics, 27 (2): 19-43.
46. Viana, Luis. 1988. "The Stabilization Plan of 1968." Banco Central del Uruguay. Processed.
47. Vicker, John. 1986. "Signalling in a Model of Monetary Policy with Incomplete Information." Oxford Economic Papers, 38 (3): 443-55.
48. Wicker, Elmus. 1986. "Terminating Hyperinflation in the Dismembered Habsburg Monarchy." American Economic Review 16, (3): 350-64.