"Währungspolitik" . . "Online-Publikation Online-publication." . . "Inflation Targeting" . . "Arbeitspapier Working paper." . . . . "Währungssubstitution Währungspolitik Wechselkurs Geldpolitik Inflation Targeting Gesamtwirtschaftliche Liquidität Wirtschaftspolitik Zentralbank." . . "Währungssubstitution / Währungspolitik / Wechselkurs / Geldpolitik / Inflation Targeting / Gesamtwirtschaftliche Liquidität / Wirtschaftspolitik / Zentralbank." . "Währungssubstitution" . . "Universiṭat Tel-Aviv. Bet ha-sefer lekhakhala al-shem Eitan Berglas." . . "Politique monétaire Nouveaux pays industrialisés." . . "Wirtschaftspolitik" . . "Substitution monétaire Nouveaux pays industrialisés." . . "Geldpolitik" . . "Gesamtwirtschaftliche Liquidität" . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . "Inflation Targeting in Dollarized Economies" . . . . . . . . . "The shift to inflation targeting has contributed to the relatively low inflation observed in some emerging market economies although, as noted by many economists, the preconditions required for a successful implementation were not in place. The existence of managed exchange rate regimes, a narrow base of domestic nominal financial assets, the lack of market instruments to hedge exchange rate risks, together with fear of floating and dollarization, have been stressed as factors that might weaken the efficacy of monetary policy. By examining various aspects of monetary transmission and policy formulation in two highly dollarized economies (Peru and Bolivia) vis-à-vis two economies with low levels of dollarization (Chile and Colombia), we found that, while dollarization imposes differences in both the transmission capacity of monetary policy and its impact on real and financial sectors, it does not preclude the use of inflation targeting as a policy regime."@en . . . . . . . "Livres électroniques" . . "Inflation targeting in dollarized economics"@en . . "Electronic books"@en . . . . . . . . . . "Inflation targeting in dollarized economies" . "Inflation targeting in dollarized economies"@en . . . . . "Zentralbank" . . "Inflation Politique gouvernementale Nouveaux pays industrialisés." . . "Wechselkurs" . .