02033 a2200193 45000010006000000050017000060080041000230030015000640400040000790800040001192450038001590200018001972640037002153000024002525051436002760410008017121000024017208560095017445689220260407155832.0260407a1996 arg spa dAR-UNSa-BCEJYS aAR-UNSa-BCEJYSbspacAR-UNSa-BCEJYS a338.23:336.74xPolítica monetaria10aMoney, exchange rates, and output a0-262-03236-8 1aCambridge :bThe MIT Pressc1996 axxv, 510 p.c24 cm. a1. On the Time Consistency of Optimal Policy in a Monetary Economy – 2. On the Flexibility of Monetary Policy: The Case of the Optimal Inflation Tax – 3. On the Indeterminacy of Interest Rates and Wages whith Perfect Foresight – 4. Staggered Prices in a Utility-Maximizing Framework – 5. Devaluation: Levels versus rates – 6. Real Exchange Rate Dynamics with Fixed Nominal Parities: Structural Change and Overshooting – 7. Trying to Stabilize: Some Theoretical Reflections Based on the Case of Argentina – 8. From Currency Substitution to Dollarization and Beyond: Analytical and Policy Issues – 9. A Model of Exchange Rate Determination under Currency Substitution and Rational Expectations – 10. Currency Substitution and the Real Exchange Rate: The Utility Maximization Approach – 11. Servicing the Public Debt: The Role of Expectations – 12. Indexation and Maturity of Government Bonds: An Exploratory Model – 13. The Perils of Sterilization – 14. Optimal Inflation Tax under Precommitment: Theory and Evidence – 15. Incredible Reforms – 16. On the Costs of Temporary Policy – 17. Anticipated Devaluations – 18. Exchange Rate-Based Stabilisation under Imperfect Credibility – 19. Stabilizing a Previously Centrally Planned Economy: Poland – 20. Output Collapse in Eastern Europe: The Role of Credit – 21. Money Demand, Bank Credit, and Economic Performance in Former Socialist Economies  aspa1 aCalvo, Guillermo A.41uhttps://biblioeco.unsa.edu.ar/pmb/images/libros/L128624.jpgyImagen de portadaqimage/jpeg