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Inflation Targeting for a set of developed and emerging market economies. We use a structural VAR model to estimate the effect … emerging than for developed economies, and that it has decreased after the adoption of Inflation Targeting. We then use several … foreign exchange market intervention after the adoption of Inflation Targeting. As the exchange rate pass-through still …
Persistent link: https://www.econbiz.de/10003368050
The objective of this paper is to test empirical validity of Fear of Floating hypothesis for Turkey after the adoption … of Inflation Targeting. We start applying methodologies developed by Calvo and Reinhart (2002) and Ball and Reyes (2004 …, 2008) to check the probabilities of changes in exchange rate and monetary policy instruments before and after inflation …
Persistent link: https://www.econbiz.de/10013025679
The objective of this paper is to test empirical validity of Fear of Floating hypothesis for Turkey after the adoption … of Inflation Targeting. We start applying methodologies developed by Calvo and Reinhart (2002) and Ball and Reyes (2004 …, 2008) to check the probabilities of changes in exchange rate and monetary policy instruments before and after inflation …
Persistent link: https://www.econbiz.de/10011201767
The objective of this paper is to test empirical validity of Fear of Floating hypothesis for Turkey after the adoption … of Inflation Targeting. We start applying methodologies developed by Calvo and Reinhart (2002) and Ball and Reyes (2004 …, 2008) to check the probabilities of changes in exchange rate and monetary policy instruments before and after inflation …
Persistent link: https://www.econbiz.de/10011310280
This paper studies monetary policy rules in a small open economy with Inflation Targeting, incomplete pass-through and …
Persistent link: https://www.econbiz.de/10011523924
choice of exchange regime with macroeconomic performance, inflation in particular. Stability of the exchange rate has … generally been a by-product of other policy choices. Even announcement effects of the regime on inflation-fighting credibility …
Persistent link: https://www.econbiz.de/10012781604
Persistent link: https://www.econbiz.de/10010531311
Especially, after the 2000s, many developing countries let exchange rates float and began implementing inflation … implementing inflation targeting regimes experienced considerable appreciation trends in their currencies. Might have exchange … rates been utilized as implicit tools even under inflation targeting regimes in developing countries? To answer this …
Persistent link: https://www.econbiz.de/10009789483
Countries that are classified as having floating exchange rate systems (or very wide bands) show strikingly different patterns of behavior. They hold very different levels of international reserves and allow very different volatilities to the movements of the exchange rate relative to the...
Persistent link: https://www.econbiz.de/10014159677
Countries that are classified as having floating exchange rate systems (or very wide bands) show strikingly different patterns of behavior. They hold very different levels of international reserves and allow very different volatilities to the movements of the exchange rate relative to the...
Persistent link: https://www.econbiz.de/10014122762