Does exchange rate control improve inflation targeting in emerging economies?

Monetary Models and Inflation Targeting in Emerging Market Economies

The Role of Inflation Targeting in Exchange Rate Unification Policy: Difference-in-Differences Approach

 Generally, one of the important issue in open macroeconomics and international finance literature is the innovations of exchange rate regimes, and exchange rate unification policy is one of the most important reforming policies in developing and emerging countries. By considering the experience of other emerging countries for exchange rates unification policy in this study, it will be investig...

de Travail du Centre d ’ Economie de la Sorbonne Does Inflation Targeting decrease Exchange Rate Pass - through in Emerging Countries ?

In this paper, we empirically examine the effect of inflation targeting on the exchange rate pass-through to prices in emerging countries. We use a panel VAR that allows us to use the larger data set on twenty-seven emerging countries (fifteen inflation targeters and twelve inflation nontargeters). Our evidence suggests that inflation targeting in emerging countries has helped to reduce the pas...

Inflation Targeting and Exchange Rate Fluctuations in Australia

We are grateful to participants at that workshop and colleagues at the Reserve Bank for their comments on the paper. We are particularly indebted to Luci Ellis for numerous comments and technical assistance with the use of Mathematica. The views expressed in this paper are our own and should not be attributed to the Reserve Bank of Australia.

Exchange rate effects and inflation targeting in a small open

In this paper, stochastic simulations of the Reserve Bank of New Zealand’s new macroeconomic model, FPS, are used to examine the issue of which price index should monetary policy stabilise in a small open economy. Under the class of policy rules considered, targeting a measure of domestic inflation, which does not include the direct effects of exchange rate movements on the price of imported go...