Frontiers of Monetary Policymaking : Adding the Exchange Rate as a Tool to Combat Deflationary Risks in the Czech Republic /

The paper first describes how the Czech National Bank (CNB) moved gradually from a fixed exchange rate regime to the frontiers of Inflation-Forecast Targeting. It then focuses on the CNB's recent experience in adding the exchange rate as a complementary monetary policy tool to stimulate the eco...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Alichi, Ali
Awduron Eraill: Benes, Jaromir, Felman, Joshua, Feng, Irene
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2015.
Cyfres:IMF Working Papers; Working Paper ; No. 2015/074
Mynediad Ar-lein:Full text available on IMF