scholarly journals Optimal Exchange Rate Policy in a Growing Semi-Open Economy

2014 ◽  
Vol 62 (1) ◽  
pp. 48-76 ◽  
Author(s):  
Philippe Bacchetta ◽  
Kenza Benhima ◽  
Yannick Kalantzis
Keyword(s):  
Exchange Rate ◽  
Open Economy ◽  
Exchange Rate Policy ◽  
Rate Policy

scholarly journals Optimal Exchange Rate Policy in a Growing Semi-Open Economy

2013 ◽  
Author(s):  
Philippe Bacchetta ◽  
Kenza Benhima ◽  
Yannick Kalantzis
Keyword(s):  
Exchange Rate ◽  
Open Economy ◽  
Exchange Rate Policy ◽  
Rate Policy

scholarly journals Optimal Exchange Rate Policy in a Growing Semi-Open Economy

2014 ◽  
Author(s):  
Philippe Bacchetta ◽  
Kenza Benhima ◽  
Yannick Kalantzis
Keyword(s):  
Exchange Rate ◽  
Open Economy ◽  
Exchange Rate Policy ◽  
Rate Policy

Optimal exchange-rate policy in an open economy

De Economist ◽  
1982 ◽  
Vol 130 (2) ◽  
pp. 228-263 ◽  
Author(s):  
H. Jager
Keyword(s):  
Exchange Rate ◽  
Open Economy ◽  
Exchange Rate Policy ◽  
Rate Policy

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.

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