-1989, 1991-1998 and 1999-2006, our estimates suggest that lower inflation should be seen as resulting from a broad range of …

The recent global financial crisis has exposed the limitations of a conventional inflation targeting framework in … and inflation. Possible refinements to the inflation targeting framework in Korea were investigated by taking into account … business cycle fluctuations by mitigating the buildup of factors that lead to large fluctuations in output and inflation. …

ahead. Uruguay’s near-term economic prospects are generally favorable. The main short-term challenge is rising inflation …

This paper presents the staff report for Peru’s 2008 Article IV Consultation, Fourth Review and Inflation …

geared at containing inflation while also seeking to engender a sustainable reduction in interest rates. …

should support the rupiah and help dampen inflation, but a more automatic mechanism for recycling official reserves would, in …

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 …