Journal of World Economic Research

Volume 2, Issue 6, December 2013

  • Does Adoption of Inflation Targeting Reduce Exchange Rate Volatility and Enhance Economic Growth

    Yutaka Kurihara

    Issue: Volume 2, Issue 6, December 2013
    Pages: 104-109
    Received: Nov. 27, 2013
    Accepted:
    Published: Dec. 30, 2013
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    Abstract: Recently, inflation targeting has been adopted in many countries. One important achievement derived from the assessment of this framework can be exchange rate stability, as exchange rate is thought to relate to the target of the inflation rate itself or a stable inflation rate. This article provides empirical analysis of whether or not the adoption... Show More