. 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 …

Emerging economies with inflation targets (IT) face a dilemma between fulfilling the theoretical conditions of strict …

Emerging economies with inflation targets (IT) face a dilemma between fulfilling the theoretical conditions of strict …

This paper studies exchange rate pass-through to food and energy consumer price inflation and its dependence on the … inflation environment using cross-country panel estimation of Phillips curves. It considers a large panel of OECD member and … inflation and also significant for food CPI inflation. A 10% depreciation in the exchange rate leads to an increase in energy …

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

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 …

The idea of inflation targeting in emerging countries is not a new one. There have been papers that favor or reject the … done and what problems can arise. Therefore this paper focuses on exchange rate issues for inflation targeting. These … issues have their root in the basic relation that exists in emerging countries between inflation and the exchange rate, a …