Open AccessHigh Real Interest Rates in the Aftermath of Disinflation: Is It a Lack of Credibility?
Author(s) -
Graciela Kaminsky,
Leonardo Leiderman
Publication year - 1996
Publication title -
international finance discussion papers
Language(s) - English
Resource type - Journals
eISSN - 2767-4509
pISSN - 1073-2500
DOI - 10.17016/ifdp.1996.543
Subject(s) - disinflation , credibility , inflation (cosmology) , economics , interest rate , real interest rate , monetary economics , crunch , market liquidity , monetary policy , political science , medicine , physics , theoretical physics , law , physical therapy