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Volume 2, Issue 6, December 2013

Does Adoption of Inflation Targeting Reduce Exchange Rate Volatility and Enhance Economic Growth

Yutaka Kurihara

Issue: Volume 2, Issue 6, December 2013

Pages: 104-109

Received: 27 November 2013

Published: 30 December 2013

DOI: 10.11648/j.jwer.20130206.11

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Abstract: Recently, inflation targeting has been adopted in many countries. One important achievement derived from the assessment of this framework can be exchange rate stability, as exchange rate is thought to relate to the target of the inflation rate itself or a stable inflation rate. This article provides empirical analysis of whether or not the adoption... Show More

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