Nordstrom, Anna; Roger, Scott; Stone, Mark R.; Shimizu, … - International Monetary Fund (IMF) - 2009
This paper explores the role of exchange rates in emerging economies with inflation-targeting regimes, an issue that … targeting, the interest rate is the main monetary policy tool for influencing activity and inflation, and there is little … emerging economies that have adopted inflation targeting than it is for inflation-targeting advanced economies. Inflation …