. In this context, we test for greater fiscal dominance over 2000-2017 under Inflation Targeting (IT) and non-IT regimes … with greater exchange rate volatility, inflation volatility, and underlying commodity exposure exhibit stronger …

The most important conclusion of this paper is that the growth rate of the money supply influences the U.S. inflation …, help to explain why U.S. inflation was so low in 1976 and why it accelerated so rapidly in 1978. Granger causality tests … indicate that lagged exchange rate changes influence inflation, but lagged inflation does not cause exchange rate changes. A …

We investigate inflation targeting (IT) in emerging markets, focusing on the role of the real exchange rate and the … both inflation and real exchange rates are important determinants of policy interest rates. The response to real exchange …

(GFC) of 2007-2008. It was greatly aided by the adoption of inflation targeting. In this paper we evaluate this convergence …

to solve these problems, we propose modifying the central bank's objective to (i) include state-contingent inflation … targets, (ii) target a measure of inflation that overweights non-tradable inflation …

finding is that the behavior of the domestic variables (for instance, output, inflation) is quite sensitive to the monetary … less so. Among different policy rules, domestic inflation targeting achieves the best stabilization outcome of aggregate … of consumer price inflation performs similarly well …

This paper deals with the relationship between inflation targeting and exchange rates. I address three specific issues …: first, I analyze the effectiveness of nominal exchange rates as shock absorbers in countries with inflation targeting. This … volatility is different in countries with an inflation targeting regime than in countries with alternative monetary policy …

target inflation. We find that when the government cannot commit to its policies, the greater transparency of the exchange …

reduced to a tractable canonical system in domestic inflation and the output gap. We employ this framework to analyze the … macroeconomic implications of three alternative monetary policy regimes for the small open economy: domestic inflation targeting … exchange rate volatility that they entail. We also discuss a special case for which domestic inflation targeting constitutes …

, price dollarization is positively correlated with asset dollarization and inflation, and negatively correlated with exchange …