IMF Policy Discussion Papers

Inflation Stabilization and Nominal Anchors

ByGuillermo Calvo, Carlos A. Végh Gramont

January 1, 1993

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Guillermo Calvo, and Carlos A. Végh Gramont "Inflation Stabilization and Nominal Anchors", IMF Policy Discussion Papers 1993, 004 (1992), accessed 12/5/2025, https://doi.org/10.5089/9781451973044.003

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Summary

Inflation Stabilization and Nominal Anchors

Subject: Monetary policy, Political economy

Notes

Analyzes the choice of a nominal anchor in disinflation programs in chronic inflation countries.

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