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Monetary policy with sticky prices and segmented markets

✍ Scribed by Tomoyuki Nakajima

Publisher
Springer
Year
2006
Tongue
English
Weight
126 KB
Volume
27
Category
Article
ISSN
0938-2259

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## Abstract In the wake of financial crises in emerging markets, firmly fixed exchange rates and even dollarization have been advocated as a means to decrease vulnerability. There are many important new issues related to fixing the exchange rate and financial vulnerability, but one long‐time vital