scholarly journals Inflation Targeting and Real Exchange Rates in Emerging Markets

2011 ◽  
Vol 39 (5) ◽  
pp. 712-724 ◽  
Author(s):  
Joshua Aizenman ◽  
Michael Hutchison ◽  
Ilan Noy
Keyword(s):  
Emerging Markets ◽  
Exchange Rates ◽  
Inflation Targeting ◽  
Real Exchange Rates

scholarly journals Real Exchange Rates, Valuation Effects and Growth in Emerging Markets

2009 ◽  
Vol 20 (5) ◽  
pp. 631-643 ◽  
Author(s):  
Michael Bleaney ◽  
Liliana Castilleja Vargas
Keyword(s):  
Emerging Markets ◽  
Exchange Rates ◽  
Real Exchange Rates ◽  
Valuation Effects

Fear of Free Floating or Forced Exchange Rate Fixing

2004 ◽  
pp. 112-122
Author(s):  
O. Osipova
Keyword(s):  
Exchange Rate ◽  
Financial Crisis ◽  
Exchange Rates ◽  
Inflation Targeting ◽  
Exchange Rate Policy ◽  
Float Exchange Rate ◽  
Floating Exchange Rate ◽  
Rate Policy ◽  
Exchange Rate Arrangements ◽  
Pass Through

After the financial crisis at the end of the 1990 s many countries rejected fixed exchange rate policy. However actually they failed to proceed to announced "independent float" exchange rate arrangement. This might be due to the "fear of floating" or an irreversible result of inflation targeting central bank policy. In the article advantages and drawbacks of fixed and floating exchange rate arrangements are systematized. Features of new returning to exchange rates stabilization and possible risks of such policy for Russia are considered. Special attention is paid to the issue of choice of a "target" currency composite which can minimize external inflation pass-through.

Sign in / Sign up

Export Citation Format

Share Document