Effects of the Trilemma Policies on Inflation, Growth and Volatility in Bulgaria
This paper finds evidence of the trilemma for Bulgaria, suggesting that exchange rate stability, monetary independence and free capital mobility are binding and constrained. The policy combination of exchange rate stability and monetary independence has been prevalent. More exchange rate stability i...
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| Format: | Article |
| Language: | English |
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General Association of Economists from Romania
2012-04-01
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| Series: | Theoretical and Applied Economics |
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| Online Access: |
http://store.ectap.ro/articole/708.pdf
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