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

possibility of implementing Inflation Targeting (IT) regime in Sierra Leone. Using monthly time series data spanning 2010M1 - 2021 …

large, but finite horizon and concludes that inflation targeting leads to price indeterminacy even with a Taylor …

We present evidence on Fear of Floating (FF) practices before and after the adoption of Inflation Targeting (IT) for … three emerging countries that faced important exchange rate crises in the 1990’s (Brazil, Mexico and South Korea). We start … exchange rate and inflation shocks, and detect a drastic reduction in direct intervention in the foreign exchange market after …

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 fulflling the theoretical conditions of "strict …

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

This paper studies the importance of money for inflation in the euro area. An inflation equation is derived from a … small model that combines the supply and demand for money with a Phillips curve and the assumption that inflation … expectations develop adaptively. The model's solution attributes an impact on inflation not to actual money growth but to its core …

In closed or open economy models with complete markets, targeting core inflation enables monetary policy to maximize … is high. We develop an open economy model with incomplete financial markets to show that headline inflation targeting … headline inflation, assigns zero weight to import prices. …

Low inflation hit the Japanese economy shortly after the burst of the bubble in stocks and real estate in 1991 and has … trade dispute. In the early 1990s, Japan faced sluggish economic growth and low inflation, as well as severe structural … difficult to judge the effectiveness and efficiency of the BOJ's policy tools, as achievement of inflation beyond the 2% price …