Adolfson, Malin - Economics Institute for Research (SIR), … - 2001
: Exchange rate pass-through, exchange rate volatility, inflation targeting, monetary policy,
small open economy
JEL: E52, E58, F … workings of the economy and the
transmission mechanisms of monetary policy. In a small open economy, the exchange rate
implies … (or Phillips curve) relation. In an open economy, inflation
is thus greatly influenced by how its determinants adjust to …