. Previous literature has highlighted the role of an economy's "structure" - such as its inflation volatility, inflation rate …, forecasts predicting how a given exchange rate movement will impact inflation at a specific point in time should take into …

This paper studies monetary policy rules in a small open economy with Inflation Targeting, incomplete pass-through and …

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

This paper analyses the effects of two alternative monetary strategies (exchange rate targeting and inflation targeting … that countries in exchange rate targeting have a higher rate of GDP growth and lower inflation rate. In order to test the … related to exchange rate targeting, the effects of the introduction of inflation targeting in the unemployment rate were also …

overly sensitive to monetary policy shocks, and that this is consistent with a model where long-term inflation expectations … are not anchored because agents must infer the central bankś inflation target from noisy interest rate movements. Using … inflation target - imperfect information about the target plays only a small role in un-anchoring expectations in their model …

crawling peg exchange rate regimes, Colombia adopted a full-fledged inflation-targeting (IT) regime in 1999, with inflation as …

This document proposes a general macroeconomic framework to analyze the behavior of inflation. This approach has two … price level. When all shocks have a permanent impact, the regime determines the inflation rate, as in inflation targeting … cause the rate of inflation or the price level. With this, a new perspective on four different historical cases emerges. One …

responds to inflation and output volatility, especially during economic crises. This framework offers a promising alternative …

**The following is a description of the paper and not the actual abstract.** Inflation targeting is shown to imply … inflation forecast targeting: the central bank's inflation forecast becomes an explicit intermediate target. Inflation forecast … quickly the inflation forecast is adjusted towards the inflation target. Money growth or exchange rate targeting is generally …