Object

Title: Development of the Polak model

PLMET:

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Title:

Development of the Polak model

Creator:

Nowak, Wioletta

ORCID:

0000-0002-9200-2972

Subject and Keywords:

IMF’s stabilization programs   domestic credit   nominal exchange rate   domestic credit creation  
kredyt krajowy   program stabilizacyjny MFW   kreacja kredytu krajowego   kurs nominalny

Abstract:

The paper presents an analysis of different modifications of the Polak model that serves as the basis of the IMF’s stabilization programs. According to the standard model, control over net domestic credit expansion is the key to stabilizing the balance of payments. In order to achieve the targeted values for the balance of payments and the rate of inflation in the extended Polak model, the authorities have two policy instruments at their disposal, i.e. domestic credit creation and the nominal exchange rate.

Place of publishing:

Wrocław

Publisher:

University of Wroclaw. Faculty of Law, Administration & Economics

Contributor:

Kozłowski, Artur. Editor-in-Chief

Date issued:

2012

Resource Type:

text  
tekst

Detailed Type:

article  
artykuł

Identifier:

oai:repozytorium.uni.wroc.pl:131350

DOI:

10.2478/wrlae-2013-0018

Language:

eng

Abstract Language :

eng

Relation:

Wroclaw Review of Law, Administration & Economics, vol.2, no.1, 2014, pp.28-35

Is version of:

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Access rights:

Attribution  
Uznanie autorstwa

License:

Creative Commons - Attribution (CC BY 4.0)  
Creative Commons - Uznanie autorstwa (CC BY 4.0)

Rights holder:

Copyright by Wroclaw Review of Law, Administration & Economics, published by Sciendo

Autor opisu:

WR U/PAdbg

Object collections:

Last modified:

Oct 28, 2021

In our library since:

Oct 28, 2021

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Number of object content views in PDF format

1

All available object's versions:

https://repozytorium.uni.wroc.pl/publication/141969

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Edition name Date
Development of the Polak model Oct 28, 2021

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