This paper explores the role of exchange rates in emerging economies with inflation-targeting regimes, an issue that … has become especially germane during the current episode of financial turmoil and volatile capital flows. Under inflation … targeting, the interest rate is the main monetary policy tool for influencing activity and inflation, and there is little …

This paper shows that the response of inflation to external shocks is very different when the authorities target the … would have no effect on the steady-state inflation rate under a fixed exchange rate are either inflationary or deflationary …

to explain inflation rate in a developing country. In addition, it seeks to help comprehend movements of inflation rate … in Jordan and to understand Central Bank of Jordan preferences regarding inflation rate and output. Design … ordinary least squares method. Findings – The empirical evidence from the Jordanian economy shows that inflation rate relies on …

substitution affects the choice of nominal anchors in inflation stabilization programs; third, the effects of changes in the rate …