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Two Targets, Two Instruments; Monetary and Exchange Rate Policies in Emerging Market Economies

Jonathan Ostry (), Atish Ghosh () and Marcos Chamon ()

No 12/01, IMF Staff Discussion Notes from International Monetary Fund

Abstract: Staff Discussion Notes showcase the latest policy-related analysis and research being developed by individual IMF staff and are published to elicit comment and to further debate. These papers are generally brief and written in nontechnical language, and so are aimed at a broad audience interested in economic policy issues. This Web-only series replaced Staff Position Notes in January 2011.

Keywords: Emerging markets; Exchange rate policy; Central banks; Inflation targeting; Foreign exchange intervention; Monetary policy; exchange rate, inflation, central bank, foreign exchange, real exchange rate (search for similar items in EconPapers)
Date: 2012-02-29
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Journal Article: Two targets, two instruments: Monetary and exchange rate policies in emerging market economies (2016) Downloads
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