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Stabilization in High Inflation Countries; Analytical Foundations and Recent Experinece

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  • Helpman, Elhanan
  • Leiderman, Leonardo

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  • Helpman, Elhanan & Leiderman, Leonardo, 1987. "Stabilization in High Inflation Countries; Analytical Foundations and Recent Experinece," Foerder Institute for Economic Research Working Papers 275427, Tel-Aviv University > Foerder Institute for Economic Research.
    • Handle: RePEc:ags:isfiwp:275427
    DOI: 10.22004/ag.econ.275427
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    1. Lucas, Robert Jr., 1982. "Interest rates and currency prices in a two-country world," Journal of Monetary Economics, Elsevier, vol. 10(3), pages 335-359.
    2. Michael Spence, 1976. "Product Selection, Fixed Costs, and Monopolistic Competition," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 43(2), pages 217-235.
    3. Allan Drazen & Elhanan Helpman, 1987. "Stabilization with Exchange Rate Management," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 102(4), pages 835-855.
    4. Leiderman, Leonardo & Razin, Assaf, 1988. "Testing Ricardian Neutrality with an Intertemporal Stochastic Model," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 20(1), pages 1-21, February.
    5. Thomas J. Sargent, 1982. "The Ends of Four Big Inflations," NBER Chapters, in: Inflation: Causes and Effects, pages 41-98, National Bureau of Economic Research, Inc.
    6. Allan Drazen & Elhanan Helpman, 1990. "Inflationary Consequences of Anticipated Macroeconomic Policies," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 57(1), pages 147-164.
    7. Flood, Robert P. & Garber, Peter M., 1984. "Collapsing exchange-rate regimes : Some linear examples," Journal of International Economics, Elsevier, vol. 17(1-2), pages 1-13, August.
    8. Taylor, John B, 1980. "Aggregate Dynamics and Staggered Contracts," Journal of Political Economy, University of Chicago Press, vol. 88(1), pages 1-23, February.
    9. Dornbusch, Rudiger, 1982. "Stabilization policies in developing countries: What have we learned?," World Development, Elsevier, vol. 10(9), pages 701-708, September.
    10. Blanco, Herminio & Garber, Peter M, 1986. "Recurrent Devaluation and Speculative Attacks on the Mexican Peso," Journal of Political Economy, University of Chicago Press, vol. 94(1), pages 148-166, February.
    11. Obstfeld, Maurice, 1984. "Balance-of-Payments Crises and Devaluation," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 16(2), pages 208-217, May.
    12. Drazen, Allan & Helpman, Elhanan, 1986. "Inflationary Consequences of Anticipated Macroeconomic Policies. Part II: Budget Cuts," Foerder Institute for Economic Research Working Papers 275407, Tel-Aviv University > Foerder Institute for Economic Research.
    13. Jeffrey Sachs, 1986. "The Bolivian Hyperinflation and Stabilization," NBER Working Papers 2073, National Bureau of Economic Research, Inc.
    14. Lizondo, Jose Saul, 1983. "Foreign exchange futures prices under fixed exchange rates," Journal of International Economics, Elsevier, vol. 14(1-2), pages 69-84, February.
    15. Calvo, Guillermo A, 1986. "Temporary Stabilization: Predetermined Exchange Rates," Journal of Political Economy, University of Chicago Press, vol. 94(6), pages 1319-1329, December.
    16. Edwards, Sebastian, 1985. "Stabilization with Liberalization: An Evaluation of Ten Years of Chile's Experiment with Free-Market Policies, 1973-1983," Economic Development and Cultural Change, University of Chicago Press, vol. 33(2), pages 223-254, January.
    17. Aschauer, David & Greenwood, Jeremy, 1983. "A Further Exploration in the Theory of Exchange Rate Regimes," Journal of Political Economy, University of Chicago Press, vol. 91(5), pages 868-875, October.
    18. Stanley Fischer, 1984. "Real Balances, the Exchange Rate and Indexation: Real Variables in Disinflation," NBER Working Papers 1497, National Bureau of Economic Research, Inc.
    19. Eytan Sheshinski & Yoram Weiss, 1977. "Inflation and Costs of Price Adjustment," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 44(2), pages 287-303.
    20. Watson, Mark W., 1986. "Univariate detrending methods with stochastic trends," Journal of Monetary Economics, Elsevier, vol. 18(1), pages 49-75, July.
    21. Helpman, Elhanan, 1981. "An Exploration in the Theory of Exchange-Rate Regimes," Journal of Political Economy, University of Chicago Press, vol. 89(5), pages 865-890, October.
    22. Krugman, Paul, 1979. "A Model of Balance-of-Payments Crises," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 11(3), pages 311-325, August.
    23. Mario I. Blejer & Nissan Liviatan, 1987. "Fighting Hyperinflation: Stabilization Strategies in Argentina and Israel, 1985-86," IMF Staff Papers, Palgrave Macmillan, vol. 34(3), pages 409-438, September.
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    Cited by:

    1. ROBERTO DE REZENDE Rocha, 1992. "Inflation And Stabilization In Yugoslavia," Contemporary Economic Policy, Western Economic Association International, vol. 10(4), pages 21-38, October.
    2. Tornell, Aaron & Velasco, Andres, 1998. "Fiscal discipline and the choice of a nominal anchor in stabilization," Journal of International Economics, Elsevier, vol. 46(1), pages 1-30, October.
    3. Ellis, Michael A., 1996. "External debt and fiscal adjustment in anti-inflation programs," Journal of Macroeconomics, Elsevier, vol. 18(4), pages 727-733.
    4. Rocha, Roberto de Rezende, 1991. "Inflation and stabilization in Yugoslavia," Policy Research Working Paper Series 752, The World Bank.
    5. Kiguel, Miguel & Liviatan, Nissan, 1990. "The business cycle associated with exchange-rate-based stabilization," Policy Research Working Paper Series 513, The World Bank.
    6. Kimhi, Ayal, 2008. "Has Debt Restructuring Facilitated Structural Transformation On Israeli Family Farms?," Discussion Papers 6255, Hebrew University of Jerusalem, Department of Agricultural Economics and Management.
    7. Alesina, Alberto & Drazen, Allan, 1991. "Why Are Stabilizations Delayed?," American Economic Review, American Economic Association, vol. 81(5), pages 1170-1188, December.
    8. Orphanides, Athanasios, 1996. "The timing of stabilizations," Journal of Economic Dynamics and Control, Elsevier, vol. 20(1-3), pages 257-279.
    9. Kiguel, Miguel A. & Liviatan, Nissan, 1991. "Lessons from the heterodox stabilization programs," Policy Research Working Paper Series 671, The World Bank.
    10. Orphanides, Athanasios, 1996. "Optimal reform postponement," Economics Letters, Elsevier, vol. 52(3), pages 299-307, September.
    11. Stephen J. Turnovsky & Jian Xu, 2002. "Speculative Attacks and the Dynamics of Exchange Rates," Annals of Economics and Finance, Society for AEF, vol. 3(2), pages 219-248, November.
    12. Ms. May Y Khamis, 1996. "Credit and Exchange Rate-Based Stabilization," IMF Working Papers 1996/051, International Monetary Fund.
    13. Helpman, Elhanan & Leiderman, Leonardo, 1990. "Real wages, monetary accommodation, and inflation," European Economic Review, Elsevier, vol. 34(5), pages 897-911, July.
    14. Vegh, Carlos, 1991. "Stopping High Inflation: An Analytical Overview," MPRA Paper 20175, University Library of Munich, Germany.
    15. Luis Felipe Lagos & Alexander Galetovic, 1989. "Los Planes Austral y Cruzado: ¿Por Qué No Detuvieron la Inflación?," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 26(78), pages 217-242.
    16. RUGE-MURCIA, Francisco J., 1997. "Credibility and Signaling in Disinflation- a Cross Country Examination," Cahiers de recherche 9712, Universite de Montreal, Departement de sciences economiques.
    17. RUGE-MURCIA, Francisco J., 1997. "Heterodox Inflation Stabilization in Argentina, Brazil, and Israel. A Historical Review and Some Stylized Facts," Cahiers de recherche 9707, Universite de Montreal, Departement de sciences economiques.
    18. Kiguel, Miguel A. & Liviatan, Nissan, 1989. "The old and the new in heterodox stabilization programs : lessons from the 1960s and the 1980s," Policy Research Working Paper Series 323, The World Bank.
    19. Leiderman, Leonardo, 1989. "Economic Adjustment and Exchange Rates in LDCs a Review Essay," Foerder Institute for Economic Research Working Papers 275465, Tel-Aviv University > Foerder Institute for Economic Research.
    20. Morales, Juan Antonio, 1989. "The Transition from Stabilization to Sustained Growth in Bolivia," Documentos de trabajo 8/1989, Instituto de Investigaciones Socio-Económicas (IISEC), Universidad Católica Boliviana.

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