Disinflation and the supply side

Journal of Macroeconomics

Volumn 27, Issue 4, 2005, Pages 596-620

  Agenor, Pierre Richard ^a,c   Pizzati, Lodovico ^b  

^a UNIVERSITY OF MANCHESTER   (United Kingdom)

^b WORLD BANK   (United States)

^c Centre for Growth and Business Cycle Research   (United Kingdom)

Author keywords

Disinflation; Imperfect capital markets; Investment dynamics

Indexed keywords

EID: 28044454713     PISSN: 01640704     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jmacro.2004.03.003     Document Type: Article

References (27)

1. A.B. Abel O.J. Blanchard An intertemporal model of saving and investment Econometrica 51 May 1983 675-692
2. P.-R. Agénor Capital-market imperfections and the macroeconomic dynamics of small indebted economies Princeton Study in International Finance No. 82 June 1997 1
3. P.-R. Agénor The behavior of real interest rates in exchange-rate based stabilization programs Review of Development Economics 2 October 1998 231-249
4. P.-R. Agénor P.J. Montiel Development Macroeconomics second ed. 1999 Princeton University Press Princeton, NJ
5. J. Armstrong R. Black L. Douglas D. Rose A robust method for simulating forward-looking models Journal of Economic Dynamics and Control 22 April 1998 489-501
6. A.T. Burstein J.C. Neves S. Rebelo Distribution costs and real exchange rate dynamics during exchange-rate-based stabilizations Journal of Monetary Economics 50 September 2003 1189-1214
7. G.A. Calvo C.A. Végh Exchange rate-based stabilization under imperfect credibility in: Helmut Frisch Andreas Worgotter (Eds) Open Economy Macroeconomics 1993 St. Martin's Press New York
8. G.A. Calvo C.A. Végh Inflation stabilization and nominal anchors Contemporary Economic Policy 12 April 1994 35-45
9. J. De Gregorio P.E. Guidotti C.A. Végh Inflation stabilization and the consumption of durable goods Economic Journal 108 January 1998 105-131
10. W. Easterly When is stabilization expansionary? Evidence from high inflation Economic Policy 22 April 1996 65-98
11. S. Fischer R. Sahay C.A. Végh Modern hyper- and high inflations Journal of Economic Literature 40 September 2002 837-880
12. Gould, D.M., 1996. Does the choice of nominal anchor matter? Working Paper No. 96-11, Federal Reserve Bank of Dallas, October.
13. A.J. Hamann Exchange-rate-based stabilization: A critical look at the stylized facts IMF Staff Papers 48 March 2001 111-138
14. F. Hayashi Tobin's marginal q and average q: A neoclassical interpretation Econometrica 50 January 1982 213-224
15. E. Helpman A. Razin Exchange rate management: Intertemporal tradeoffs American Economic Review 77 March 1987 107-123
16. A. Lahiri Exchange rate based stabilizations under real frictions: The role of endogenous labor supply Journal of Economic Dynamics and Control 25 August 2001 1157-1177
17. M. Obstfeld The capital inflows problem revisited: A stylized model of southern cone disinflation Review of Economic Studies 52 October 1985 605-625
18. S. Rebelo C.A. Végh Real effects of exchange-rate based stabilization: An analysis of competing theories in; B.S. Bernanke J.J. Rotemberg (Eds) NBER Macroeconomics Annual 1996 1997 MIT Press Cambridge, MA
19. C.M. Reinhart C.A. Végh Nominal interest rates, consumption booms, and lack of credibility: A quantitative examination Journal of Development Economics 46 April 1995 357-378
20. M.J. Roberts E. Skoufias The long-run demand for skilled and unskilled labor in Colombian manufacturing plants Review of Economics and Statistics 79 May 1997 324-330
21. J. Roldós Supply-side effects of disinflation programs IMF Staff Papers 42 March 1995 158-183
22. J. Roldós On gradual disinflation, the real exchange rate, and the current account Journal of International Money and Finance 16 February 1997 37-54
23. L. Servén Capital goods imports, the real exchange rate and the current account Journal of International Economics 39 August 1995 79-101
24. A. Stockman Anticipated inflation and the capital stock in a cash-in-advance economy Journal of Monetary Economics 8 June 1981 387-396
25. S.J. Turnovsky P. Sen Fiscal policy, capital accumulation, and debt in an open economy Oxford Economic Papers 43 January 1991 1-24
26. M. Uribe Exchange-rate-based inflation stabilization: The initial real effects of credible plans Journal of Monetary Economics 39 July 1997 197-221
27. C.A. Végh Stopping high inflation: An analytical overview IMF Staff Papers 39 September 1992 626-695