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 … exchange rate shocks before and after inflation targeting regime. VAR model helps to understand the impacts of switch in …

The paper studies the relationship between exchange rate depreciations and inflation using a sample of 71 countries in … rate of inflation, and the degree of openness of the economy. The paper finds that the pass-through coefficients increase … determinant of inflation for emerging markets while the initial inflation is the most important variable for developed countries …

We analyze the impact of price stability-oriented monetary strategies (inflation targeting - IT - and constraining … exchange rate arrangements) on inflation persistence using a time-varying coefficients framework in a panel of 68 countries … (1993-2013). We show that explicit IT has a stronger effect on taming inflation persistence than implicit IT and is …

In this paper, I use data from 19 industrialized countries to investigate the oil price pass-through into inflation … declining effects of oil shocks on inflation are investigated. A low inflation environment and decreasing energy intensity can …

States and the euro area. For many of the basic items in the basket of goods used to estimate inflation, the effects of oil … through to core inflation (or rather to inflation excluding food and energy products) by means of macroeconomic factors; while …

(and other) policy tools. Full Publication: 'http://ssrn.com/abstract=2870167' Inflation Mechanisms, Expectations and …

. There is strong evidence of a positive and significant association between the pass-through and the average inflation rate … across countries and periods. The inflation rate, moreover, dominates other macroeconomic variables in explaining cross …

that the oil price passes through core inflation only via its effect on the whole economy. This pass-through is estimated …