Explicit and Implicit Targets in Open Economies /
Under a flexible inflation targeting regime, should policymakers avoid any reaction to movements in the foreign exchange market? Using data for six advanced open economies explicitly targeting inflation, the paper examines empirically whether real exchange rate disequilibria systematically affect th...
| Hlavní autor: | |
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| Médium: | Časopis |
| Jazyk: | English |
| Vydáno: |
Washington, D.C. :
International Monetary Fund,
2005.
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| Edice: | IMF Working Papers; Working Paper ;
No. 2005/176 |
| On-line přístup: | Full text available on IMF |