The Role of the Exchange Rate in Inflation-Targeting Emerging Economies /

This paper explores the role of exchange rates in emerging economies with inflation-targeting regimes, an issue that has become especially germane during the current episode of financial turmoil and volatile capital flows. Under inflation targeting, the interest rate is the main monetary policy tool...

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Hlavní autor: Nordstrom, Anna
Další autoři: Roger, Scott, Shimizu, Seiichi., Stone, Mark
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2009.
Edice:Occasional Papers; Occasional Paper ; No. 2009/004
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On-line přístup:Full text available on IMF