inflation targeting, exchange rate management benefits households in the tradable goods sector but in the long run these …

Emerging economies with inflation targets (IT) face a dilemma between fulfilling the theoretical conditions of strict …

Emerging economies with inflation targets (IT) face a dilemma between fulfilling the theoretical conditions of strict …

The idea of inflation targeting in emerging countries is not a new one. There have been papers that favor or reject the … done and what problems can arise. Therefore this paper focuses on exchange rate issues for inflation targeting. These … issues have their root in the basic relation that exists in emerging countries between inflation and the exchange rate, a …

consistent with the official monetary policy. Second, we seek to shed light on the inflation process of these countries. To this … end, we carry out an estimation of an open economy Philips curve (PC). Our main finding is that inflation rates were not … monetary arrangements for price stability. The analysis of the conditional inflation variance obtained from GARCH estimation of …

The objective of this paper isto investigate the impact of inflation targeting strategy on monetary policy transmission … inflation targeting countries and 20 non-inflation targeting countries. This study implies Generalized Method of Moments (GMM …) for empirical investigation. The evaluation of transmission mechanism in the presence of inflation targeting strategy by …

This paper examines the macroeconomic, financial, and institutional factors which affect the adoption of inflation …) during 1990- 2017. The main findings from our empirical investigation suggest that it is inflation and output growth … volatility rather than inflation and output which matters for the adoption of IT in EMEs. In addition, we provide evidence that …

In this paper, we empirically examine the effect of inflation targeting on the exchange rate pass-through to prices in … inflation targeters and twelve inflation nontargeters). Our evidence suggests that inflation targeting in emerging countries … the contribution of exchange rate shocks to price fluctuations in emerging targeters declines after adopting inflation …

budget consolidation, interest rate hikes, or lowering the target inflation rate could prevent a crisis. The most effective … and efficient measure is lowering the perceived inflation target by restoring central bank’s independence, thereby … regaining investor confidence. Loans from international partners would also stabilize Turkey’s currency, inflation, and economy …

Most emerging market central banks have adopted inflation targeting as their monetary policy system. The heart of … inflation targeting system is inflation expectations. The success of a central bank in achieving targets depends on to the … extent to which inflation expectations are formed by the announced targets. As the credibility of the central bank increases …