Targeting Inflation in a Dollarized Economy: The Peruvian Experience

Research, Preprint English OPEN
Armas, Adrián; Grippa, Francisco;
(2005)
  • Publisher: Washington, DC: Inter-American Development Bank, Research Department
  • Subject: Währungssubstitution | Economics, WP-538 | Peru | Inflationssteuerung | Geldpolitik
    • ddc: ddc:330

This discusses the unique experience of Peru`s Central Bank with inflation targeting in an economy characterized by a high degree of financial dollarization. The paper outlines how Peru has taken financial dollarization into consideration in the design of monetary polic... View more
  • References (1)

    Inflation target Source: Consensus forecast. 2000 2001 2002 2003 2004 Inflation expectation two years in advance

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