000 | 00991cam a2200157 4500500 | ||
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005 | 20250121113644.0 | ||
041 | _afre | ||
042 | _adc | ||
100 | 1 | 0 |
_aBaldi-Delatte _eauthor |
245 | 0 | 0 | _aSoft Landing for a Hard Peg |
260 | _c2005. | ||
500 | _a50 | ||
520 | _aContrary to all expectations, the Argentinian Currency Board was dropped without causing an hyperinflation comeback. This article analyzes the structural breaks caused by the new monetary regime. Estimates within a multivariate cointegrated framework show that the new regime caused a shift in the money market and did not in the labor market. The monetary and fiscal severity of the new regime reversed expectations while the labor market flexibility inherited from the Currency Board-made the wage-price correlation disappear. | ||
786 | 0 | _nRevue économique | 56 | 3 | 2005-05-01 | p. 787-797 | 0035-2764 | |
856 | 4 | 1 | _uhttps://shs.cairn.info/journal-revue-economique-2005-3-page-787?lang=en&redirect-ssocas=7080 |
999 |
_c545259 _d545259 |