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Hybrid Inflation Targeting Regimes.

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 finan...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Garcia, Carlos
Otros Autores: Restrepo, Jorge, Roger, Scott
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington : International Monetary Fund, 2009.
Colección:IMF Working Papers.
Temas:
Acceso en línea:Texto completo