Inflation targeting and the inflation process: lessons from an open economy

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Date

2002

Journal Title

Journal ISSN

Volume Title

Publisher

Banco Central de Chile

Abstract

Description

Inflation targeting in an open economy insolves a number of complexities that do not arise with inflation targeting in a clises economy. One of these is that central banks in open economies have to decide how to repond to changes in the exchange rate.

Keywords

INFLACIÓN, BANCOS CENTRALES, TIPO DE CAMBIO

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