Ding, Ding; Anand, Rahul; Peiris, Shanaka J. - International Monetary Fund (IMF) - 2011
rate flexibility and strengthening the effectiveness of monetary policy in the transition to an inflation forecast … framework to evaluate policy trade-offs. The model simulations suggest that an open-economy inflation targeting rule can reduce … inflation forecast targeting regime in Sri Lanka. The FPAS model provides a relatively good forecast for inflation and a …