This study examines how the adoption of inflation-targeting influenced exchange rate pass-through and volatility in four Asian countries (Indonesia, Korea, the Philippines, and Thailand) over the sample period of January 1990 to June 2007. We find that reforming policy by adopting inflation...

This study examines how the adoption of inflation-targeting influenced exchange rate pass-through and volatility in four Asian countries -Indonesia, South Korea, the Philippines, and Thailand - over the sample period of January 1990 to June 2007. We find that adopting inflation targeting helped...