Los Efectos de la Indización Cambiaria y Salarial en el Control de la Inflación: el Caso de Chile, 1975-1981

Autor: Alexander Galetovic, Luis Felipe Lagos
Rok vydání: 1990
Zdroj: Cuadernos de Economía. 27(82):357-380
Popis: In 1975 Chile implemented an ortodox stabilization program. The fiscal deficit was sharply reduced and monetary policy was tight. However, indexation of wages and the exchange rate to past inflation implied that inflation only gradually declined. In fact
Databáze: OpenAIRE