This paper explores the role of exchange rates in emerging economies with inflation-targeting regimes, an issue that … has become especially germane during the current episode of financial turmoil and volatile capital flows. Under inflation … targeting, the interest rate is the main monetary policy tool for influencing activity and inflation, and there is little …

inflation combined with a free float seems to be the ultimate option. The paper shows how to design and operationalize such a …

system development, sovereign debt vulnerabilities, and ways to sustain progress in reducing inflation by strengthening the …

This paper analyzes the monetary policy response to rising inflation in emerging and developing countries associated … with the food and oil price shocks in 2007 and the first half of 2008. It reviews inflation developments in a sample of … of inflation; provides a synthesis of policy responses taken against the background of the conflicting objectives and …

with a lag of at least three quarters, with inflation taking seven quarters to respond. Inflation is inertial and … persistent when it sets in, irrespective of the source. Exchange rate pass-through to domestic inflation is low. Inflation turns …

harvest, high oil prices, and reduced unemployment and inflation. Implementation of structural reforms initiated by the …

The staff report for the Sixth Review and Inflation Consultation Under the Stand-By Arrangement on Turkey explains the …

The Paraguayan economy suffered setbacks throughout 2011–12 owing to drought, export ban, and inflation. Recovery …