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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 …
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
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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 …
Persistent link: https://www.econbiz.de/10010519049
suggest that capacity utilisation has reached very high levels, the labour market is extremely tight, and unemployment has …
Persistent link: https://www.econbiz.de/10015065596
In Canada, targeting the inflation rate was intended as a temporary measure on a journey to price-level stability, but … account, changing beliefs about the stability or otherwise of ongoing inflation, the capacity of a flexible exchange rate to … create a vicious circle of depreciation and rising domestic prices, and about the roles played by the natural unemployment …
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