progressively opt for greater exchange rate flexibility as well as a monetary policy based on inflation targeting rather than … policies are reviewed and analyzed. Second, the theoretical sources of inflation (cost push and demand pull factors as well as … probabilities is estimated for Morocco and Tunisia to provide important information concerning the mechanisms underlying inflation …

stance, before and after its adoption of the inflation targeting framework, as revealed by its interest rate setting behavior … inflation by and large through its key policy rate, though it appears to be accommodative with respect to the output gap. In …

Using a macroeconometric framework, this paper analyses relationships among money, barter and inflation in Russia … to capture all the relevant information for inference on money and inflation in Russia. …

inflation target as the ultimate policy goal. The converging countries act in essence as “takers” of the inflation target, which …, in this case, is the eurozone’s inflation forecast. The study advances a forward-looking money growth model that might be … relationships between money and target variables, which are low inflation and stable exchange rate. Long-run interactions between …

A flexible approach to direct inflation targeting is a viable monetary policy choice for transition economies that is … analytical model investigating the link between the inflation process and monetary variables in transition economies is advanced … that the monetary convergence begins with inflation targeting and concludes with a full-fledged euroization. It further …

This paper re-examines the effects of inflation and exchange rate uncertainty on real economic activity. The existent … literature has treated both issues as separate subject matters. It has emphasized either the issue of inflation uncertainty or … both issues by analyzing the magnitudes and direction of the effect of both: inflation and exchange rate uncertainty on …

Este trabajo intenta mostrar algunos de los requerimientos para la implementación del Inflation Targeting como ancla …

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 analyzes how imperfect exchange rate pass-through affects the transmission of the CPI inflation targeting … of the real exchange rate for a subset of strict CPI inflation targeting cases and for flexible CPI inflation targeting …. Furthermore, there exists an inverse relation between the pass-through and the insulation of CPI inflation from foreign shocks …