The Game of Anchors : Studying the Causes of Currency Crises in Belarus /

The Game of Anchors : Studying the Causes of Currency Crises in Belarus /

Belarus experienced a sequence of currency crises during 2009-2014. Our empirical results, based on a structural econometric model, suggest that the activist wage policy and extensive state program lending (SPL) conflicted with the tightly managed exchange rate regime and suppressed monetary policy...

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Bibliographic Details
Main Authors: Miksjuk, Alex (Author), Ouliaris, Sam (Author), Pranovich, Mikhail (Author)
Format: Book
Language:English
Published: Washington, D.C. : International Monetary Fund, 2015
Washington, D.C. : 2015
[Place of publication not identified] : 2015
Series:IMF Working Papers
IMF Working Papers; Working Paper ; No. 2015/281
IMF eLibrary
IMF working paper ; WP/15/281
Subjects:
Monetary policy > Belarus
Currency
Deflation
Diffusion Processes
Dynamic Quantile Regressions
Dynamic Treatment Effect Models
Exchange rates
Foreign Exchange
Foreign exchange
Government and the Monetary System
Inflation
Labor
Labour
Macroeconomics
Monetary Policy
Monetary Policy, Central Banking, and the Supply of Money and Credit: General
Monetary Systems
Monetary base
Monetary economics
Monetary policy
Money and Monetary Policy
Money supply
Money
Open Economy Macroeconomics
Payment Systems
Policy Coordination
Policy Designs and Consistency
Policy Objectives
Price Level
Prices
Regimes
Standards
State Space Models
Time-Series Models
Wage policy
Wages
Wages, Compensation, and Labor Costs: General
Wages, Compensation, and Labor Costs: Public Policy
income economics
Belarus
Belarus, Republic of
Europe
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Duke University

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Call Number: ISIL:US-NCD

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