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Book Cover
Author Santaella, Julio A.

Title The 1987 Mexican disinflation program : an exchange rate-based stabilization? / prepared by Julio A. Santaella and Abraham E. Vela
Published [Washington, D.C.] : International Monetary Fund, Research Dept., [1996]
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Description 1 online resource (iii, 34 pages) : illustrations
Series IMF working paper ; WP/96/24
IMF working paper ; WP/96/24
Summary Annotation We examine whether Mexicos disinflation experience during 1987-94 fits a widely accepted set of stylized facts of exchange rate-based stabilization (ERBS), and relate it to theories put forward to account for the boom-recession business cycle associated with ERBS. a cursory look at Mexican data shows that the experience fits quite closely the theoretical predictions and the stylized facts of ERBS. However, the paper shows that there were some important differences and peculiarities of the Mexican case that deserve further study, especially regarding the role of the nominal anchor and the nature of the business cycle
Bibliography Includes bibliographical references (pages 30-34)
Notes Print version record
Subject Anti-inflationary policies -- Mexico.
Economic stabilization -- Mexico.
Foreign exchange rates -- Mexico.
Form Electronic book
Author Vela, Abraham Everardo, 1962-
International Monetary Fund. Research Department.
ISBN 1281990116