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- 17 - References Agenor, Pierre-Richard, "Credibility Effects of Price Controls in Disinflation Programs,11 International Monetary Fund, Working Paper No. 92/83 (October 1992). Arida, Persio, and Andre Lara-Resende, "Inertial Inflation and Monetary Reform: Brazil," in Inflation and Indexation, ed. by John Williamson, Institute for International Economics (Washington, DC: 1985). Arstein, Yael, and Zvi Sussman, "Wage Policy during Disinflation: the Israeli Stabilization Program of 1985," Economic Review, (Bank of Israel), No 64 (January 1990), pp. 1-36. Blanchard, Olivier-Jean, "Price Asynchronization and Price Level Inertia," in Inflation, Debt and Indexation, ed. by Rudiger Dornbusch and Mario H. Simonsen, MIT Press (Cambridge, Mass.: 1983). Blejer, Mario I., and Nissan Liviatan, "Fighting Hyperinflation: Stabilization Strategies in Argentina and Israel," Staff Papers (International Monetary Fund), Vol. 34 (September 1987) , pp. 409-38. Bruno, Michael, and Stanley Fischer, "Seignorage, Operating Rules, and the High Inflation Trap," Quarterly Journal of Economics, Vol. 105 (May 1990), pp. 353-74~ Calvo, Guillermo A., "Staggered Contracts and Exchange Rate Policy," in Exchange Rates and International Macroeconomics, ed. by Jacob A. Frenkel, University of Chicago Press (Chicago, II.: 1983). Corbo, Vittorio, and Andres Solimano, "Chile's Experience with Stabilization, Revisited," in Lessons of Economic Stabilization and its Aftermath, ed. by Michael Bruno et al. (Cambridge, Mass.: 1991). Cukierman, Alex, "The End of the High Israeli Inflation: An Experiment in Heterodox Stabilization," in Michael Bruno et al,, eds., Inflation Stabilization, MIT Press (Cambridge, Mass.: 1988). Dornbusch, Rudiger, and Mario H. Simonsen, "Inflation Stabilization: the Role of Incomes Policy and of Monetization," in Rudiger Dornbusch, Exchange Rates and Inflation, MIT Press (Cambridge, Mass.: 1988). Dornbusch, Rudiger, Federico Sturzenegger, and Holger Wolf, "Extreme Inflation: Dynamics and Stabilization," Brookings Papers on Economic Activity, No. 1 (March 1990), pp. 1-84, ©International Monetary Fund. Not for Redistribution - 18 - Harrington, Joseph E., "Economic Policy, Economic Performance, and Elections," American Economic Review, Vol. 83 (March 1993), pp. 27-42. Helpman, Elhanan, "Macroeconomic Effects of Price Controls: the Role of Market Structure," Economic Journal, Vol. 98 (June 1988), pp 340-54, Jonung, Lars, The Political Economy of Price Controls, Gower Publishing Co. (Brookfield, Vermont: 1990). Kiguel, Miguel A., and Nissan Liviatan, "When Do Heterodox Stabilization Programs Work? Lessons from Experience," World Bank Research Observer, Vol. 7 (January 1992), pp. 35-57. Lachler, Ulrich, "On Political Business Cycles with Endogenous Election Dates, Journal of Public Economics, Vol. 17 (February 1982), pp. 111-17. Nordhaus, William, "Alternative Models of Political Business Cycles," Brookings Papers in Economic Activity, (March 1989), pp. 1-68. Persson, Torsten, and Sweder van Wijnbergen, "Signalling, Wage Controls, and Monetary Disinflation Policy," Economic Journal, Vol. 103 (January 1993), pp. 79-97. Possen, Uri M., "Wage and Price Controls in a Dynamic Macro Model," Econometrica, Vol. 46 (January 1978), pp. 105-25. Shupp, Franklin, "Optimal Policy Rules for a Temporary Incomes Policy" Review of Economic Studies, Vol. 43 (June 1976), pp. 249-59. van der Ploeg, Frederick, "Optimal Government Policy in a Small Open Economy with Rational Expectations and Uncertain Election Outcomes," International Economic Review, Vol. 28 (June 1987), pp. 469-91. van Wijnbergen, Sweder, "Monopolistic Competition, Credibility and the Output Costs of Disinflationary Programs," Journal of Development Economics, Vol. 29 (November 1988), pp. 375-98. Vickers, John, "Signalling in a Model of Monetary Policy with Incomplete Information," Oxford Economic Papers, Vol. 38 (November 1986), pp. 443-55. Willman, Alpo, "The Collapse of the Fixed Exchange Rate Regime with Sticky Wages and Imperfect Substitutability between Domestic and Foreign Bonds," European Economic Review, Vol. 32 (November 1988), pp. 1817-387 Zeira, Joseph, "Informational Role of Price Controls during a Disinflation," Working Paper No 215, Hebrew University of Jerusalem (July 1989). ©International Monetary Fund. Not for Redistribution.

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