Translated title: Inflation targeting in dollarized economies
Authors: Dokle, Eda ; Tůma, Zdeněk (advisor) ; Serdarevič, Goran (referee)
Document type: Master’s theses
Year: 2013
Language: eng
Abstract: Inflation targeting has become an increasingly popular regime among emerging markets. Focusing on the experience of inflation targeting adoption in the countries in Central and Eastern Europe and Commonwealth of Independent States, this thesis highlights the main features of the inflation targeting framework. A clear economic condition bringing these countries together is considered the dollarization issue which gains importance when designing the inflation targeting framework. The empirical study on the impact of inflation targeting in inflation, inflation volatility, output, output volatility and deposit dollarization shows clear benefits of inflation targeting in terms of inflation and inflation volatility, which are not achieved at the expense of output growth. Also, dollarization does not harm the positive impact of inflation targeting on inflation.
Keywords: dollarisation; inflation targeting; monetary policy; dollarisation; inflation targeting; monetary policy

Institution: Charles University Faculties (theses) (web)
Document availability information: Available in the Charles University Digital Repository.
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Universities and colleges > Public universities > Charles University > Charles University Faculties (theses)
Academic theses (ETDs) > Master’s theses
 Record created 2017-06-19, last modified 2017-06-27

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