This study examines the impact of various monetary policy regimes on the ability to lower inflation and exchange rate … risk premiums in the EU accession countries as they undergo monetary convergence to the eurozone. It proposes a monetary … policy framework of flexible targeting of relative inflation risk premium that is believed to be credible and useful for …

This study examines the link between various monetary policy regimes and the ability to manage inflation and exchange … rate risk premiums in the EU candidate countries as they undergo monetary convergence to the eurozone. The underlying … hypothesis is that a system of 'flexible inflation targeting' may be an optimal policy choice for managing these two categories …

This study examines the link between various monetary policy regimes and the ability to manage inflation and exchange … rate risk premiums in the EU candidate countries as they undergo monetary convergence to the eurozone. The underlying … hypothesis is that a system of 'flexible inflation targeting' may be an optimal policy choice for managing these two categories …