Jihene, Bousrih; Jihene, Bousrih - International Network for Economic Research - INFER - 2010
In this paper, we present the dynamics of a Neo-Keynesian model applied to a small open economy in order to study the impact of openness on the choice of the appropriate inflation targeting policy. In the event of exogenous shocks, we can use either a CPI inflation targeting policy or a domestic...