Inflation targeting, reserves accumulation, and exchange rate management in Latin America

This paper examines whether central banks in Latin America have implemented conventional inflation targeting (IT) prescriptions, with a focus on foreign exchange intervention and official reserves accumulation policies. To this end, the paper reviews the

Detalles Bibliográficos
Autor Principal: Chang, Roberto
Formato: Documento de trabajo (Working Paper)
Lenguaje:Español (Spanish)
Publicado: Banco de la República 2008
Materias:
Acceso en línea:http://repositorio.banrep.gov.co/handle/20.500.12134/5504
Descripción
Sumario:This paper examines whether central banks in Latin America have implemented conventional inflation targeting (IT) prescriptions, with a focus on foreign exchange intervention and official reserves accumulation policies. To this end, the paper reviews the