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 …

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 …

This paper analyses the effects of two alternative monetary strategies (exchange rate targeting and inflation targeting … that countries in exchange rate targeting have a higher rate of GDP growth and lower inflation rate. In order to test the … related to exchange rate targeting, the effects of the introduction of inflation targeting in the unemployment rate were also …

finding is that only a forward-looking rule based on CPI inflation can account for frequently observed strong UIP violations …

Inflation targeting has been widely adopted in Latin America. In this paper, we show evidence consistent with major … premia estimates using the method suggested by Adrian et al. (2013) for selected inflation targeting Latin American economies …

policy makers to analyse all relevant information in order to undertake effective policy actions. Inflation targeting has … enabled countries to achieve low inflation in the very short term. Due to this, the financial markets have adjusted their long …-term inflation expectations and incorporated them into the interest rate. Risk premiums that compensate for the uncertainty of …

policy makers to analyse all relevant information in order to undertake effective policy actions. Inflation targeting has … enabled countries to achieve low inflation in the very short term. Due to this, the financial markets have adjusted their long …-term inflation expectations and incorporated them into the interest rate. Risk premiums that compensate for the uncertainty of …