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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 …
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For the last two years inflation has been systematically falling across countries in the European Union and lately it … exhibits rising deflationary pressures. Recent studies suggest that apart from global determinants influencing broad inflation … measures, e.g. plummeting commodity prices, core inflation components are subjected to the rising influence of globalization …
Persistent link: https://www.econbiz.de/10012987306
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 …
Persistent link: https://www.econbiz.de/10014066925
This study examines the impact of various monetary policy regimes on the ability to lower inflation and exchange rate … policy framework of flexible targeting of relative inflation risk premium that is believed to be credible and useful for … managing these two categories of risk. A model of inflation and exchange rate risk premiums within the context of inflation …
Persistent link: https://www.econbiz.de/10014067013