The objective of this paper is to test empirical validity of Fear of Floating hypothesis for Turkey after the adoption … of Inflation Targeting. We start applying methodologies developed by Calvo and Reinhart (2002) and Ball and Reyes (2004 …, 2008) to check the probabilities of changes in exchange rate and monetary policy instruments before and after inflation …

inflation, particularly in the 1970s, and the choice of an exchange rate regime consistent with domestic monetary and fiscal … reminiscent of the global inflation generated by the weak dollar in the 1970s. -- Inflation ; Exchange Rates ; Macro Policies …

This paper develops a model of inflation in an open economy. The model permits analysis of the susceptibility of open … paper arrives at a “structuralist inflation targeting agenda”. Based on a proper conception of inflation dynamics, this … involves “getting inflation targeting right” rather than either accepting mainstream inflation targeting prescriptions or …

excess liquidity reminiscent of the global inflation generated by the weak dollar in the 1970s …

inflation targeting regime in the transmission from exchange rate movements to prices. We perform a set of robustness checks …

inflation targeting regime in the transmission from exchange rate movements to prices. We perform a set of robustness checks …