Exchange rate-based stabilization with endogenous fiscal response

Journal of Development Economics

Volumn 54, Issue 1, 1997, Pages 59-75

  Talvi, Ernesto ^a  

^a INTER AMERICAN DEVELOPMENT BANK   (United States)

Author keywords

Exchange rates; Fiscal policy; Stabilization

Indexed keywords

EXCHANGE RATE; FISCAL POLICY; MODELLING APPROACH; STABILISATION;

EID: 0031394589     PISSN: 03043878     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0304-3878(97)00029-1     Document Type: Article

References (13)

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2. Calvo, G.A., 1987. Balance of payments crises in a cash-in-advance economy. J. Money Credit Banking 19, 19-32.
3. Calvo, Guillermo A., Vegh, Carlos A., 1990. Interest Rate Policy in a Small Open Economy, IMF Staff Papers, Vol. 37, 753-776.
4. Calvo, G.A., Vegh, C.A., 1994. Inflation stabilization and nominal anchors, Contemp. Econ. Policy XII, 35-45.
5. Calvo, Guillermo A., Reinhart, Carmen M., Vegh, Carlos A., 1994. Targeting the Real Exchange Rate: Theory and Evidence, IMF Working Paper, forthcoming in J. Dev. Econ.
6. Drazen Allan, Helpman, Elhanan, 1987. Stabilization with exchange rate management, Q. J. Econ. 836-855.
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8. Krugman, P.R., 1979. A model of balance of payments crises. J. Money Credit Banking XI, 311-325.
9. Reinhart, Carmen M., Vegh, Carlos A., 1992. Nominal Interest Rates, Consumption Booms, and Lack of Credibility: A Quantitative Examination, mimeo, IMF, forthcoming in J. Dev. Econ.
10. Reinhart, Carmen M., Vegh, Carlos A., 1994. Inflation Stabilization in Chronic Inflation Countries: the Empirical Evidence, mimeo, IMF.
11. Sargent, T.J., Wallace, N., 1981. Some Unpleasant Monetarist Arithmetic, Quarterly Review of the Federal Reserve Bank of Minneapolis, 1-17.
12. Talvi, Ernesto, 1995. Fiscal Policy and the Business Cycle Associated with Exchange Rate-Based Stabilizations: Evidence From Uruguay, Working Paper 313, Office of the Chief Economist, Inter-American Development Bank.
13. Vegh, Carlos, 1992. Stopping High Inflation: An Analytical Overview, IMF Staff Papers, 626-695.