## Abstract This paper develops a model of inflation targeting in a small open economy under floating exchange rates. The central bank follows a simple Taylor rule to achieve a target inflation rate, and the inflation process itself is determined by an expectations augmented Phillips curve mechanis
β¦ LIBER β¦
The Effects of Inflation in a Small Open Economy with Durability in Consumption
β Scribed by Arman Mansoorian; Mohammed Mohsin
- Publisher
- Springer US
- Year
- 2008
- Tongue
- English
- Weight
- 244 KB
- Volume
- 21
- Category
- Article
- ISSN
- 0923-7992
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