Inflation targeting in the world economy
EM Truman - 2003 - books.google.com
This study reviews the literature on the contribution of low inflation to economic growth and
the subsequent widespread adoption of inflation targeting as a monetary policy framework …
the subsequent widespread adoption of inflation targeting as a monetary policy framework …
Exchange rate pass-through in develo** and emerging markets: A survey of conceptual, methodological and policy issues, and selected empirical findings
J Aron, R Macdonald, J Muellbauer - Journal of Development …, 2014 - Taylor & Francis
Global integration has increased the international linkages of financial markets for emerging
market countries. A key channel for the international transmission of inflation and economic …
market countries. A key channel for the international transmission of inflation and economic …
Fear of floating
Many emerging market countries have suffered financial crises. One view blames soft pegs
for these crises. Adherents of this view suggest that countries move to corner solutions …
for these crises. Adherents of this view suggest that countries move to corner solutions …
The trilemma in history: tradeoffs among exchange rates, monetary policies, and capital mobility
The exchange-rate regime is often seen as constrained by the monetary policy trilemma,
which imposes a stark tradeoff among exchange stability, monetary independence, and …
which imposes a stark tradeoff among exchange stability, monetary independence, and …
[LIVRE][B] Global capital markets: integration, crisis, and growth
M Obstfeld, AM Taylor - 2004 - books.google.com
This book presents an economic history of international capital mobility in the modern era. It
blends narrative and quantitative methods and connects economic outcomes to the …
blends narrative and quantitative methods and connects economic outcomes to the …
The effect of fixed exchange rates on monetary policy
JC Shambaugh - the Quarterly Journal of economics, 2004 - academic.oup.com
To investigate how a fixed exchange rate affects monetary policy, this paper classifies
countries as pegged or nonpegged and examines whether a pegged country must follow the …
countries as pegged or nonpegged and examines whether a pegged country must follow the …
Exchange rate pass-through to domestic prices: does the inflationary environment matter?
EU Choudhri, DS Hakura - Journal of international Money and Finance, 2006 - Elsevier
The paper tests a hypothesis suggested by J. Taylor [2000. Low inflation, pass-through, and
the pricing power of firms. European Economic Review 44 (7), 1389–1408] that a low …
the pricing power of firms. European Economic Review 44 (7), 1389–1408] that a low …
Default, currency crises, and sovereign credit ratings
CM Reinhart - the world bank economic review, 2002 - academic.oup.com
Sovereign credit ratings play an important part in determining countries' access to
international capital markets and the terms of that access. In principle, there is no reason to …
international capital markets and the terms of that access. In principle, there is no reason to …
Why do countries float the way they float?
Countries that are classified as having floating exchange rate systems (or very wide bands)
show strikingly different patterns of behavior. They hold very different levels of international …
show strikingly different patterns of behavior. They hold very different levels of international …
Financial constraints and growth: Multinational and local firm responses to currency depreciations
This article examines how financial constraints and product market exposures determine the
response of multinational and local firms to sharp depreciations. US multinational affiliates …
response of multinational and local firms to sharp depreciations. US multinational affiliates …