Constraintson the Design and Implementation of Monetary Policy in Oil Economies : the Case of Venezuela.

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By definition, fiscal dominance impedes the effective implementation of any monetary strategy aimed at controlling inflation. Economies that exhibit oil dominance-a situation in which oil exports largely affect the main macroeconomic indicators-may also exhibit fiscal dominance. However, in this cas...

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Bibliographic Details
Call Number:Libro Electrónico
Corporate Author: International Monetary Fund
Format: Electronic eBook
Language:Inglés
Published: Washington, D.C. : International Monetary Fund, 2008.
Series:IMF Working Papers ; Working Paper no. 08/142.
Subjects:
Petroleum industry and trade > Venezuela > Econometric models.
Fiscal policy > Venezuela > Econometric models.
Monetary policy > Venezuela > Econometric models.
Pétrole > Industrie et commerce > Venezuela > Modèles économétriques.
Politique fiscale > Venezuela > Modèles économétriques.
Politique monétaire > Venezuela > Modèles économétriques.
Fiscal policy > Econometric models
Monetary policy > Econometric models
Petroleum industry and trade > Econometric models
Venezuela
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