This study examines the link between various monetary policy regimes and the ability to manage inflation and exchange … hypothesis is that a system of 'flexible inflation targeting' may be an optimal policy choice for managing these two categories … of risk. A model of inflation and exchange rate risk premiums within the context of inflation targeting is proposed …

Monetary policymakers in advanced transition economies such as Poland are increasingly interested in how inflation … responds to changes in policy instruments and other economic forces. In this paper, measures of underlying CPI inflation based … economic variables is then studied via Granger causality tests and impulse responses and a multivariate model of CPI inflation …