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  • Exchange rate based stabilization : tales from Europe and Latin America (English)

    There is convincing empirical evidence that the cycle for exchange-rate-based disinflation in high-inflation Latin American economies typically begins with expansion and ends in recession - a surprising...

    Document Type: Policy Research Working Paper Report No.: WPS1087 Document Date: February 28, 1993 Disclosure Status: Author: Ades, Alberto F.,Kiguel, Miguel,Liviatan, Nissan