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The Relationship Between Exchange Rates and Inflation Targeting Revisited

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NBER2006-04-01 更新2025-01-04 收录
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https://www.nber.org/papers/w12163
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This paper deals with the relationship between inflation targeting and exchange rates. I address three specific issues: first, I analyze the effectiveness of nominal exchange rates as shock absorbers in countries with inflation targeting. This issue is closely related to the magnitude of the "pass
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2006-04-01
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