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...

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Detalles Bibliográficos
Autor Principal: Sgherri, Silvia
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2005.
Series:IMF Working Papers; Working Paper ; No. 2005/176
Acceso en liña:Full text available on IMF