000			02082nam a22003734a 4500
001			WPIEA1531998
003			IMF
005			20190405155856.0
006			m o d
007			cr cn|||||||||
008			020129s1998 dcu o i00 0 eng d
020			_a1451922442 : _c15.00 USD
020			_z9781451922448
022			_a1018-5941
024	7		_a10.5089/9781451922448.001 _2doi
035			_a(IMF)WPIEA1531998
040			_aDcWaIMF _beng
100	1		_aChan-Lau, Jorge A.
245	1	0	_aMonetary Policy in a Small Open Economy with Credit Goods Production _h[electronic resource] / _cJorge A Chan-Lau.
260			_aWashington, D.C. : _bInternational Monetary Fund, _c1998.
300			_a1 online resource (19 p.)
490	1		_aIMF Working Papers; Working Paper ; _vNo. 98/153
520	3		_aThe paper analyzes the effects of monetary policy in a dynamic model of a small open economy with cash and credit goods production, where government consumption is financed by seignorage. It shows that the interrelationships between the growth rate of the monetary aggregate and the technological properties of the economy have an important bearing on the existence and uniqueness of equilibrium, the optimal inflation rate, and the occurrence of explosive hyperinflations. In consequence, the paper concludes that monetary policy does matter in the long run.
588			_aDescription based on print version record.
650		7	_aCash Goods _2imf
650		7	_aCredit Goods _2imf
650		7	_aInflation Rate _2imf
650		7	_aMonetary Aggregate _2imf
650		7	_aNominal Interest Rate _2imf
650		7	_aSmall Open Economy _2imf
776	0	8	_iPrint Version: _aChan-Lau, Jorge A. _tMonetary Policy in a Small Open Economy with Credit Goods Production _dWashington, D.C. : International Monetary Fund, 1998. _z9781451922448
830		0	_aIMF Working Papers; Working Paper ; _vNo. 98/153
856	4	0	_uhttp://elibrary.imf.org/view/IMF001/04699-9781451922448/04699-9781451922448/04699-9781451922448.xml _zIMF e-Library
856	4	0	_uhttp://www.imfbookstore.org/IMFORG/9781451922448 _zIMF Book Store
999			_c149434 _d149434