Have a personal or library account? Click to login
Monetary Regimes with Two Nominal Anchors: Are they Possible? Cover

Monetary Regimes with Two Nominal Anchors: Are they Possible?

By: Nikola Fabris  
Open Access
|Jan 2025

References

  1. Adler, G., Lama, R. and Medina J. P. (2019). Foreign Exchange Intervention and Inflation Targeting: The Role of Credibility. Retrieved from https://sistemas.colmex.mx/Reportes/LACEALAMES/LACEA-LAMES2019_paper_198.pdf.
  2. Airaudo, M., Buffie, E. and Zanna, L. (2016). Inflation Targeting and Exchange Rate Management In Less Developed Countries. IMF Working Paper, WP/16/55.
  3. Edwards, S. (2006) The Relationship Between Exchange Rates and Inflation Targeting Revisited. Los Angeles: University of California.
  4. Fabris, J. (2015). Inflation Targeting in Serbia, Journal of Central Banking Theory and Practice. 4 (2), 59-74.
  5. Fabris, N. (2023). Monetary Policy Between Stability and Growth. Journal of Central Banking Theory and Practice, 13(1), 27-42.
  6. Fabris, N. (2018). Challenges for Modern Monetary Policy. Journal of Central Banking Theory and Practice, 7(2), 5-24.
  7. Fischer, S. (2001). Exchange Rate Regimes: Is the Bipolar View Correct? Journal of Economic Perspectives, 15(2), 3–24.
  8. Ghosh, A., Ostry, J. and Chamon, M. (2016). Two targets, two instruments: Monetary and exchange rate policies in emerging market economies. Journal of International Money and Finance, 60 (C), 172-196.
  9. Lazić, M. (2021). Analiza funkcije reakcije monetarne politike sa posebnim osvrtom na Srbiju. Doktorska disertacija, Belgrade: Faculty of Economics.
  10. Leiderman, L. and Bufman, G. (2000). Inflation Targeting Under a Crawling Band Exchange Rate Regime: Lessons from Israel. Retrieved from https://www.elibrary.imf.org/display/book/9781557758897/ch09.xml.
  11. Mishkin, F. (2011). Monetary Policy Strategy: Lessons from the Crisis. NBER Working Paper, No: 5698.
  12. Mishkin, F. and Savastano, M. (2001). Monetary policy strategies for Latin America. Journal of Development Economics, 66(2), 415–444.
  13. Mohanty M. and Klau, M. (2005). „Monetary policy rules in emerging market economies: issues and evidence“. In Monetary policy and macroeconomics stabilization in Latin America, eds. Langahmmer. R. and Vinhas L. Heidelberg: Springer – Verlag.
  14. O’Connell, S. (2008). Inflation Targeting as a Monetary Policy Framework: Issues and Concerns, Swarthmore College: Mimeo.
  15. Stone, M. (2003). “Inflation Targeting Lite” in Challenges to Central Banking from Globalized Financial System, ed. Piero C. Ugolini, Andrea Schaechter, and Mark R. Stone, Washington: IMF.
  16. Svensson, L. E. O. (2000). Open Economy Inflation Targeting. Journal of International Economics, 50 (1), 155–183.
  17. Tarron, K. and Sukrishnalall, P. (2011) Monetary Sterilization and Dual Nominal Anchors: Some Carribean examples. MPRA paper, No 34503.
  18. Vučinić, M. and Luburić, R. (2024). Artificial Intelligence, Fintech and Challenges to Central Banks. Journal of Central Banking Theory and Practice, 13(3), 5-42.
Language: English
Page range: 5 - 19
Submitted on: Apr 10, 2024
|
Accepted on: Jun 11, 2024
|
Published on: Jan 20, 2025
In partnership with: Paradigm Publishing Services
Publication frequency: 3 issues per year

© 2025 Nikola Fabris, published by Central Bank of Montenegro
This work is licensed under the Creative Commons Attribution 4.0 License.