Similar Search Results

International inflation and trade linkages in Brazil under inflation targeting

Morlin, Guilherme Spinato - 2022

Persistent link: https://www.econbiz.de/10013334999

Global value chains and external adjustment : do exchange rates still matter?

Adler, Gustavo; Meleshchuk, Sergii; Osorio Buitron, Carolina - 2019

The paper explores how international integration through global value chains shapes the working of exchange rates to induce external adjustment both in the short and medium run. The analysis indicates that greater integration into international value chains reduces the exchange rate elasticity...

Persistent link: https://www.econbiz.de/10012155213

What if Brazil hadn't floated the Real in 1999?

Carvalho, Carlos Viana de; Vilela, André D. - 2016

We estimate a dynamic, stochastic, general equilibrium model of the Brazilian economy taking into account the transition from a currency peg to inflation targeting that took place in 1999. The estimated model exhibits quite different dynamics under the two monetary regimes. We use it to produce...

Persistent link: https://www.econbiz.de/10011435702

The interactive evolution of economic ideas and experience : the case of Canadian inflation targeting

Laidler, David E. W. - 2015

In Canada, targeting the inflation rate was intended as a temporary measure on a journey to price-level stability, but became a well-established monetary policy regime in its own right. This paper analyses the role of the interaction of economic ideas with the experience generated by their...

Persistent link: https://www.econbiz.de/10011294097

Interdependencies between monetary policy and foreign exchange intervention under inflation targeting: The case of Brazil and the Czech Republic

Gnabo, Jean-Yves; de Mello, Luiz; Moccero, Diego - 2008

. This paper uses a friction model to estimate intervention reaction functions and the associated marginal effects for Brazil …

Persistent link: https://www.econbiz.de/10010273432

Inflation targeting in Brazil

Arestis, Philip; de Paula, Luiz Fernando Rodrigues; … - 2008

the case of Brazil. The IT monetary policy regime has been adopted by a significant number of countries. While the focus … of this paper is on Brazil, which began inflation targeting in 1999, we also examine the experience of other countries … compare the experience of Brazil with that of non-IT countries, and ask the question of whether adopting IT makes a difference …

Persistent link: https://www.econbiz.de/10010276235

Asymmetric exchange rate policy in inflation targeting developing countries

Benlialper, Ahmet; Cömert, Hasan; Öcal, Nadir - 2017

In the last decades, many developing countries abandoned their existing policy regimes and adopted inflation targeting (IT) by which they aimed to control inflation through the use of policy interest rates. During the period before the crisis, most of these countries experienced large...

Persistent link: https://www.econbiz.de/10011628793

Monetary convergence and risk premiums in the EU candidate countries

Orłowski, Lucjan T. - 2002

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...

Persistent link: https://www.econbiz.de/10010519049

Distributional effects of monetary policy in emerging market economies

Prasad, Eswar S.; Zhang, Boyang - 2015

We develop a two-sector, heterogeneous-agent model with incomplete financial markets to study the distributional effects and aggregate welfare implications of alternative monetary policy rules in emerging market economies. Relative to inflation targeting, exchange rate management benefits...

Persistent link: https://www.econbiz.de/10011309046

Implicit asymmetric exchange rate Peg under inflation targeting regimes : the case of Turkey

Benlialper, Ahmet; Cömert, Hasan - 2013

Especially, after the 2000s, many developing countries let exchange rates float and began implementing inflation targeting regimes based on mainly manipulation of expectations and aggregate demand. However, most developing countries implementing inflation targeting regimes experienced...

Persistent link: https://www.econbiz.de/10009789483

1
2
3
4
5
6
7
8
9
10
Next
Last