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Frontiers of Monetary Policymaking: Adding the Exchange Rate as a Tool to Combat Deflationary Risks in the Czech Republic
Alichi, Ali; Benes, Jaromir; Felman, Joshua; Feng, Irene; … - International Monetary Fund (IMF) - 2015
The paper first describes how the Czech National Bank (CNB) moved gradually from a fixed exchange rate regime to the frontiers of Inflation-Forecast Targeting. It then focuses on the CNB’s recent experience in adding the exchange rate as a complementary monetary policy tool to stimulate...
Persistent link: https://www.econbiz.de/10011242190
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The benefits of international policy coordination reconsidered : some important lessons from the global financial crisis
Benes, Jaromir; Freedman, Charles; Kumhof, Michael; … - In: Managing complexity : economic policy cooperation after …, (pp. 77-110). 2016
Persistent link: https://www.econbiz.de/10011432479
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Frontiers of monetary policymaking : adding the exchange rate as a tool to combat deflationary risks in the Czech Republic
Alichi, Ali; Benes, Jaromir; Felman, Joshua; Feng, Irene; … - 2015
The paper first describes how the Czech National Bank (CNB) moved gradually from a fixed exchange rate regime to the frontiers of Inflation-Forecast Targeting. It then focuses on the CNB’s recent experience in adding the exchange rate as a complementary monetary policy tool to stimulate the...
Persistent link: https://www.econbiz.de/10012692672