This study examines the link between various monetary policy regimes and the ability to manage inflation and exchange … hypothesis is that a system of 'flexible inflation targeting' may be an optimal policy choice for managing these two categories … of risk. A model of inflation and exchange rate risk premiums within the context of inflation targeting is proposed …

Monetary policymakers in advanced transition economies such as Poland are increasingly interested in how inflation … responds to changes in policy instruments and other economic forces. In this paper, measures of underlying CPI inflation based … economic variables is then studied via Granger causality tests and impulse responses and a multivariate model of CPI inflation …

This study examines the link between various monetary policy regimes and the ability to manage inflation and exchange … hypothesis is that a system of 'flexible inflation targeting' may be an optimal policy choice for managing these two categories … of risk. A model of inflation and exchange rate risk premiums within the context of inflation targeting is proposed …

Inflation-targeting central banks have a respectable track record at explaining their policy actions and corresponding … inflation outturns. Using a simple forward-looking policy rule and an assessment of inflation reports, we provide a new … methodology for the empirical evaluation of consistency in central bank communication. We find that the three communication tools-inflation …

This paper analyzes changes in the monetary policy in the Czech Republic, Hungary, and Poland following the policy … shift from exchange rate targeting to inflation targeting around the turn of the millennium. Applying a Markovswitching … movements in the Czech Republic and Poland, but an increased attention to it in Hungary. Simulations for the Czech Republic and …

data of six emerging inflation targeting economies (Turkey, Brazil, the Czech Republic, Chile, Poland, and South Africa …Most emerging market central banks have adopted inflation targeting as their monetary policy system. The heart of … inflation targeting system is inflation expectations. The success of a central bank in achieving targets depends on to the …

On 4 March 2011, SUERF – The European Money and Finance Forum and the National Bank of Poland jointly organised a …