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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Detalhes bibliográficos
Autor principal: Sgherri, Silvia
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2005.
Colecção:IMF Working Papers; Working Paper ; No. 2005/176
Acesso em linha:Full text available on IMF