In this paper we analyze whether inflation targeting is feasible in Poland. There are at least three prerequisites for … analysis shows some evidence of significant relationships between inflation and monetary instruments in Poland. Hence inflation … successful inflation targeting: 1) central bank independence, 2) a high degree of central bank accountability, transparency, and …

This study examines the link between various monetary policy regimes and the ability to manage inflation and exchange … hypothesis is that a system of 'flexible inflation targeting' may be an optimal policy choice for managing these two categories … of risk. A model of inflation and exchange rate risk premiums within the context of inflation targeting is proposed …

This study examines the impact of various monetary policy regimes on the ability to lower inflation and exchange rate … policy framework of flexible targeting of relative inflation risk premium that is believed to be credible and useful for … managing these two categories of risk. A model of inflation and exchange rate risk premiums within the context of inflation …

Inflation-targeting central banks have a respectable track record at explaining their policy actions and corresponding … inflation outturns. Using a simple forward-looking policy rule and an assessment of inflation reports, we provide a new … methodology for the empirical evaluation of consistency in central bank communication. We find that the three communication tools-inflation …

This paper analyzes changes in the monetary policy in the Czech Republic, Hungary, and Poland following the policy … shift from exchange rate targeting to inflation targeting around the turn of the millennium. Applying a Markovswitching … movements in the Czech Republic and Poland, but an increased attention to it in Hungary. Simulations for the Czech Republic and …

data of six emerging inflation targeting economies (Turkey, Brazil, the Czech Republic, Chile, Poland, and South Africa …Most emerging market central banks have adopted inflation targeting as their monetary policy system. The heart of … inflation targeting system is inflation expectations. The success of a central bank in achieving targets depends on to the …

On 4 March 2011, SUERF – The European Money and Finance Forum and the National Bank of Poland jointly organised a …