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The Role of the Exchange Rate in Inflation-targeting Emerging Economies
Mark Stone
€ 47.52
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Description for The Role of the Exchange Rate in Inflation-targeting Emerging Economies
Paperback. Inflation-targeting emerging economies have less flexible exchange rate arrangements and intervene more frequently in the foreign exchange market. This book explores the role of exchange rates in emerging economies with inflation-targeting regimes, an issue that has become germane during episodes of financial turmoil and volatile capital flows. Num Pages: 72 pages, diagrams, figures. BIC Classification: KCL; KFF. Category: (P) Professional & Vocational. Dimension: 281 x 216 x 6. Weight in Grams: 363.
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 for influencing activity and inflation, and there is little agreement about the appropriate role of the exchange rate. The exchange rate is a more important monetary policy tool for emerging economies that have adopted inflation targeting than it is for inflation-targeting advanced economies. Inflation-targeting emerging economies generally have less flexible exchange rate arrangements and intervene more ... Read more
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 for influencing activity and inflation, and there is little agreement about the appropriate role of the exchange rate. The exchange rate is a more important monetary policy tool for emerging economies that have adopted inflation targeting than it is for inflation-targeting advanced economies. Inflation-targeting emerging economies generally have less flexible exchange rate arrangements and intervene more ... Read more
Product Details
Publisher
International Monetary Fund (IMF) United States
Number of pages
72
Format
Paperback
Publication date
2010
Condition
New
Weight
362g
Number of Pages
72
Place of Publication
Washington, DC, United States
ISBN
9781589067967
SKU
V9781589067967
Shipping Time
Usually ships in 4 to 8 working days
Ref
99-1
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