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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| Формат: | Журнал |
| Язык: | English |
| Опубликовано: |
Washington, D.C. :
International Monetary Fund,
2005.
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| Серии: | IMF Working Papers; Working Paper ;
No. 2005/176 |
| Online-ссылка: | Full text available on IMF |