Targeting rules for an open economy

DOI10.1007/S11079-011-9200-XMaRDI QIDQ2316906zbMATH OpenOpenAlexFDO

Authors Hyuk Jae Rhee, Nurlan Turdaliev

Publication date 7 August 2019

Published in Open Economies Review (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/s11079-011-9200-x

zbMATH Keywords

direct exchange rate channelinflation persistenceinflation targetingsmall open economy

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64)

Recommendations

• What to aim for? The choice of an inflation objective when openness matters
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Cites work

• Evaluating an estimated New Keynesian small open economy model
• Government purchases and the real exchange rate
• Habit formation, catching up with the Joneses, and economic growth
• Inflation Persistence
• Monetary Policy and Exchange Rate Volatility in a Small Open Economy
• Price stability and the case for flexible exchange rates
• Welfare and macroeconomic interdependence

Cited in

(20)

• Inflation targeting, learning and Q volatility in small open economies
• Inflation dynamics and monetary strategies: Evidence from six industrialized countries
• Some tests on the effects of inflation targeting in New Zealand, Canada, and the UK
• What to aim for? The choice of an inflation objective when openness matters
• Optimal monetary policy rules and inflation targets: Are Australia, Canada, and new Zealand different from the U.S.?
• Inflation targeting versus nominal income targeting.
• Inflation targeting as a coordination device
• Monetary policy in open economies: practical perspectives for pragmatic central bankers
• Price level targeting and the delegation issue in an open economy
• Is there a case for domestic inflation target?
• Investigating the relationship between exchange rate and inflation targeting
• Sustainability, flexibility, and inflation targeting
• Econometric inflation targeting
• Monetary policy in a small open economy with high unemployment
• Monetary rules and endogenous growth in an open economy
• Monetary Policy and Exchange Rate Volatility in a Small Open Economy
• Economic Stability and the Choice of the Target Inflation Index
• Monetary policy and determinacy: an inquiry into open economy New Keynesian macrodynamics
• Central bank learning and Taylor rules with sticky import prices
• Targeting inflation by forecast feedback rules in small open economies

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