Showing 1 - 10 of 124
crawling peg exchange rate regimes, Colombia adopted a full-fledged inflation-targeting (IT) regime in 1999, with inflation as …
Persistent link: https://www.econbiz.de/10010750273
. It is found that reserve requirements can be used to achieve the Central Bank’s inflation objectives. The use of this … consumption, investment and output. Nevertheless, the quantitative results in terms of inflation reduction are rather poor. The … policy rate becomes more effective in reducing inflation when the reserve requirement instrument is solely directed at …
Persistent link: https://www.econbiz.de/10010744453
“unconventional” monetary policies within an inflation targeting framework. In particular, the paper explicitly models the facilities …
Persistent link: https://www.econbiz.de/10010744454
This paper reviews the recent experience of a half-dozen Latin American inflation targeting (IT) nations. Repeated and …
Persistent link: https://www.econbiz.de/10010630615
In recent years, and especially in the aftermath of the global financial crisis, a number of emerging market economies have been reforming their regulatory frameworks to adopt recommendations of the macroprudential approach. This paper discusses the potential usefulness of implementing this...
Persistent link: https://www.econbiz.de/10010653780
This study provides a set of tools to analyze the monetary and exchange rate policy issues in the seven countries of the Inter-American Development Bank’s Caribbean region (The Bahamas, Barbados, Jamaica, Haiti, Guyana, Suriname, and Trinidad and Tobago). It then applies some of them to the...
Persistent link: https://www.econbiz.de/10008554065
crawling peg exchange rate regimes, Colombia adopted a full-fledged inflation-targeting (IT) regime in 1999, with inflation as …
Persistent link: https://www.econbiz.de/10010943921
This paper provides an overview of the reserve requirement measures undertaken by the Central Bank of Peru. It provides a rationale for the use of these instruments as well as empirical evidence of their effectiveness. In general, the results show that tightening reserve requirements has the...
Persistent link: https://www.econbiz.de/10010943927
Inflation targeting has been adopted in a set of emerging economies, including eight countries in Latin America. The … take appropriate actions if the target is breached. This paper exploits a database of inflation expectations and attempts … to measure whether, for a set of inflation targeters in Latin America, expectations are well anchored. A tighter …
Persistent link: https://www.econbiz.de/10010944050
"unconventional" monetary policies within an inflation targeting framework. In particular, the paper explicitly models the facilities …
Persistent link: https://www.econbiz.de/10010944371