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 |
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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 |
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