Inflation targeting and real exchange rates in emerging markets

Inflation Targeting and Real Exchange Rates in Emerging Markets

INFLATION TARGETING AND REAL EXCHANGE RATES IN EMERGING MARKETS. Joshua Aizenman. Michael Hutchison. Ilan Noy. Working Paper 14561 http://www.nber.org/papers ...

Inflation Targeting and Real Exchange Rates in Emerging Markets

Of the inflation targeting group, those with particularly high concentration in commodity exports change interest rates much more pro-actively to real exchange ...

Inflation targeting and exchange rate volatility in emerging markets

The paper investigates the relevance of the exchange rate on the reaction function of the central banks of 24 emerging market economies.

Inflation Targeting and Real Exchange Rates in Emerging Markets

IT emerging markets appear to follow a "mixed strategy" whereby both inflation and real exchange rates are important determinants of policy interest rates. The ...

Inflation Targeting and Real Exchange Rates in Emerging Markets*

We examine the inflation targeting (IT) experiences of emerging market economies, focusing especially on the roles of the real exchange rate and the ...

The Role of the Exchange Rate in Inflation-Targeting Emerging ...

Inflation-targeting emerging economies generally have less flexible exchange rate arrangements and intervene more frequently in the foreign exchange market than ...

The Role of the Exchange Rate in Inflation-Targeting Emerging ...

The exchange rate plays a larger role in monetary policy for inflation-targeting emerging economies than for inflation-targeting advanced economies.

Inflation Targeting and Real Exchange Rates in Emerging Markets

IT emerging markets appear to follow a "mixed strategy" whereby both inflation and real exchange rates are important determinants of policy ...

Can Inflation Targeting Work in Emerging Market Countries?

By March 1999, asset prices had started to recover, the real appreciated and the central bank found room to lower interest rates--which it did, quite ...

Inflation Targeting and Real Exchange Rates in Emerging Markets

IT emerging markets appear to follow a "mixed strategy" whereby both inflation and real exchange rates are important determinants of policy ...

Inflation Targeting in Emerging-Market Countries - jstor

The unhappy experience of Latin American and. East Asian countries with pegged exchange-rate regimes when those countries found themselves in.

Fear of floating exchange rates in emerging markets

Since then, many emerging markets have embraced fully flexible exchange rates, alongside adopting independent central banks and inflation ...

The Role of the Exchange Rate in Inflation-Targeting Emerging ...

This paper explores the role of exchange rates in emerging economies with inflation-targeting regimes, an issue that has become especially germane during ...

II. Monetary policy frameworks in EMEs: inflation targeting, the ...

Inflation targeting frameworks in emerging market economies (EMEs) have generally been successful. These frameworks have been combined with ...

Inflation Targeting and Real Exchange Rates in Emerging Markets

Inflation Targeting and Real Exchange Rates in Emerging Markets · World Development 39(5): 712-724 · 2011 · Related References · Quick Search · Full Text Article ...

Inflation targeting in emerging economies: Panel evidence

They show that IT countries lower their average inflation rates and output growth volatilities relatively more than non-IT countries. With these findings, they ...

Inflation targeting and economic performance over the crisis

For emerging economies, the study offers some evidence to suggest that inflation targeting is an effective policy that helps IT countries to ...

Inflation targeting and exchange rate regimes in emerging markets

The inflation targeting (IT) regime is an institutional arrangement by which the mandate of the central bank is to target a defined medium-term ...

Exchange Rates in Emerging Economies: What do We Know? What ...

The study examines the effects of the nominal exchange rate regime on inflation and growth using ... Végh, "Targeting the Real Exchange Rate: Theory and.

Inflation Targeting In Emerging Markets: The Global Experience

Output in each country is influenced by the real interest rate, the real exchange rate, and expectations of future output due to forward-looking.