The Resource Hybrid inflation targeting regimes, prepared by Scott Roger, Jorge Restrepo, and Carlos Garcia, (electronic resource)

Hybrid inflation targeting regimes, prepared by Scott Roger, Jorge Restrepo, and Carlos Garcia, (electronic resource)

Label
Hybrid inflation targeting regimes
Title
Hybrid inflation targeting regimes
Statement of responsibility
prepared by Scott Roger, Jorge Restrepo, and Carlos Garcia
Creator
Contributor
Subject
Language
eng
Summary
This paper uses a DSGE model to examine whether including the exchange rate explicitly in the central bank's policy reaction function can improve macroeconomic performance. It is found that including an element of exchange rate smoothing in the policy reaction function is helpful both for financially robust advanced economies and for financially vulnerable emerging economies in handling risk premium shocks. As long as the weight placed on exchange rate smoothing is relatively small, the effects on inflation and output volatility in the event of demand and cost-push shocks are minimal. Financially vulnerable emerging economies are especially likely to benefit from some exhange rate smoothing because of the perverse impact of exchange rate movements on activity
Related
Member of
Additional physical form
Online (ebrary)
Cataloging source
CaPaEBR
Characteristic
  • unknown
  • online system or service
Government publication
international or intergovernmental publication
LC call number
HG229
LC item number
.R64 2009eb
Series statement
IMF working paper
Series volume
09/234
Label
Hybrid inflation targeting regimes, prepared by Scott Roger, Jorge Restrepo, and Carlos Garcia, (electronic resource)
Publication
Note
"October 2009."
Antecedent source
file reproduced from an electronic resource
Bibliography note
Includes bibliographical references (p. 34-38)
http://library.link/vocab/branchCode
  • net
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Color
multicolored
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Control code
000053017580
Dimensions
unknown
Extent
electronic text
File format
multiple file formats
Form of item
online
Isbn
9781451917994
Level of compression
lossless
Media category
computer
Media MARC source
rdamedia
Media type code
c
Quality assurance targets
present
http://library.link/vocab/recordID
.b37208457
Reformatting quality
replacement
Reproduction note
Electronic reproduction.
Specific material designation
remote
System control number
  • (OCoLC)680613563
  • imf1451917996

Library Locations

    • Deakin University Library - Geelong Waurn Ponds CampusBorrow it
      75 Pigdons Road, Waurn Ponds, Victoria, 3216, AU
      -38.195656 144.304955
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