| 000 -LEADER |
|---|
| fixed length control field |
01257pab a2200205 454500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
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| fixed length control field |
180718b2000 xxu||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME |
|---|
| Personal name |
Fielding, David |
| 245 ## - TITLE STATEMENT |
|---|
| Title |
Monetary discipline and inflation in developing countries: the role of the exchange rate regime |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. |
|---|
| Date of publication, distribution, etc. |
2000 |
| 300 ## - PHYSICAL DESCRIPTION |
|---|
| Extent |
p.521-38 |
| 362 ## - DATES OF PUBLICATION AND/OR SEQUENTIAL DESIGNATION |
|---|
| Dates of publication and/or sequential designation |
Jul |
| 520 ## - SUMMARY, ETC. |
|---|
| Summary, etc. |
Adherence to a pegged exchange rate regime has the potential to affect inflation in two ways: by instilling monetary discipline and by altering the relationship between money and prices, because shocks to the money stock are absorbed partly by changes in the balance of payments. Although the latter is a disequilibrium phenomenon (if balance of payments deficits are unsustainable in the long run), it might still be important in the medium term. Evidence on the relative importance and magnitude of the two effects is presented, using cross-sectional macroeconomic data from 80 LDCs. Both effects are found to be significant. - Reproduced |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
|---|
| Topical term or geographic name entry element |
Monetary policy - Developing countries |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
|---|
| Topical term or geographic name entry element |
Inflation - Developing countries |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
|---|
| Topical term or geographic name entry element |
Exchange rates - Developing countries |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
|---|
| Topical term or geographic name entry element |
Exchange rates |
| 700 ## - ADDED ENTRY--PERSONAL NAME |
|---|
| Personal name |
Bleaney, Michael |
| 773 ## - HOST ITEM ENTRY |
|---|
| Main entry heading |
Oxford Economic Papers |
| 909 ## - |
|---|
| -- |
45571 |
