Sensitivity of Interest Rates to Inflation and Exchange Rate in Poland: Implications for Direct Inflation Targeting

Author:

Orlowski Lucjan T.

Publisher

Springer Science and Business Media LLC

Subject

Economics and Econometrics

Reference30 articles.

1. Bai, J and Perron, P. 2003: Computation and analysis of multiple structural change models. Journal of Applied Econometrics 18(1): 1–22.

2. Ball, L. 1999: Policy rules for open economies. In: Taylor, J. (ed). Monetary policy rules. University of Chicago Press: Chicago, IL, pp. 127–156.

3. Bernanke, BS, Laubach, T, Mishkin, FS and Posen, AS. 1999: Inflation targeting: Lessons from the international experience. Princeton University Press: Princeton.

4. Borowski, J, Brzoza-Brzezina, M and Szpunar, P. 2003: Exchange rate regimes and Poland’s participation in ERM II. Bank i Kredyt 34(1): 18–27.

5. Clarida, R, Gertler, M and Galí, J. 1998: Monetary policy rules in practice: Some international evidence. European Economic Review 42(6): 1033–1067.

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