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exchange rate, through Consumer Price Index (CPI) inflation targeting is, however, beneficial. Welfare can, moreover, be …-through. -- Exchange rate pass-through ; inflation targeting ; interest rate inertia ; monetary policy ; small open economy …
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strongly inflation averse Federal Reserve Bank. Results for U.S. interest rates, output, and inflation over 1965-1999 are …
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policy analysis. It suggests that the best method of solving the puzzle implies a close connection between theory and …
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