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Recent research suggests that the pass-through of exchange rate changes into domestic inflation has declined in many … of inflation with exchange rate changes) to increased emphasis on inflation stabilization by many central banks. This …-through and a decline in the variability of inflation in the 1990s. We also find a statistically significant link between measured …
Persistent link: https://www.econbiz.de/10014126429
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 …
Persistent link: https://www.econbiz.de/10010519049
The paper presents evidence on the “Fear of Floating†hypothesis in an Inflation Targeting regime. We use the … shows a strong movement of the economies towards a more flexible exchange rate regime after the adoption of Inflation …-through still is an important issue for the attainment of the inflation targets for many economies …
Persistent link: https://www.econbiz.de/10004975690
appreciating that were put in place in 2013. I focus its on the impact on output, unemployment, and inflation. I use the synthetic … connected to disturbances created by changes in excise taxes. The effect of the commitment on inflation is positive but not …
Persistent link: https://www.econbiz.de/10011515767
Persistent link: https://www.econbiz.de/10014478806
Persistent link: https://www.econbiz.de/10013281385
The article provides estimates of short-run and medium-run exchange rate pass-through into domestic prices in Russia during the period of 2000–2012 using vector error correction model. Exchange rate pass-through asymmetry estimates, its assessments on different sub-periods and exchange rate...
Persistent link: https://www.econbiz.de/10011398366
policies in these periods with respect to monetary stability, inflation, and growth challenges. The paper presents an analysis …
Persistent link: https://www.econbiz.de/10012021634
Persistent link: https://www.econbiz.de/10012256844
Has inflation targeting (IT) conferred benefits in terms of economic growth on countries that followed this particular …
Persistent link: https://www.econbiz.de/10013061495