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  • The Role of the Exchange Rate in Inflation-Targeting Emerging Economies

    The Role of the Exchange Rate in Inflation-Targeting Emerging Economies

    by Mark Stone • Scott Roger • Anna Nordstrom • Seiichi Shimizu • Turgut Ki Inbay • Jorge Restrepo

    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 too... थप

    Language: ENG
    प्रतिलिपि अधिकार 2009
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