Fiche du document
2012
- handle: 10670/1.04uni6
- hal: hal-02619540
- doi: 10.1016/j.econlet.2012.04.036
Ce document est lié à :
info:eu-repo/semantics/altIdentifier/doi/10.1016/j.econlet.2012.04.036
info:eu-repo/semantics/OpenAccess
Mots-clés
inflation-targeting exchange rate 2007-2008 inflation shock monetary policy E - Macroeconomics and Monetary Economics/E.E3 - Prices, Business Fluctuations, and Cycles/E.E3.E31 - Price Level • Inflation • Deflation E - Macroeconomics and Monetary Economics/E.E4 - Money and Interest Rates E - Macroeconomics and Monetary Economics/E.E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit/E.E5.E58 - Central Banks and Their Policies E - Macroeconomics and Monetary Economics/E.E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit F - International Economics/F.F3 - International Finance/F.F3.F31 - Foreign Exchange F - International Economics/F.F3 - International FinanceSujets proches
Monetary management Banks, Central Central banking Central banks Banker's banksCiter ce document
Marc Pourroy, « Does Exchange Rate Control Improve Inflation Targeting in Emerging Economies? », HAL-SHS : économie et finance, ID : 10.1016/j.econlet.2012.04.036
Métriques
Partage / Export
Résumé
Based on an original de facto classification of the exchange rate regimes, this paper provides strong evidence that hybrid inflation-targeting frameworks, in which the exchange rate is managed, deliver a stronger nominal anchor, as they better resisted the 2007-2008 inflation shock.