On the measurement of imflation and complex inflation targeting

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dc.contributor.authorPapava, Vladimer
dc.contributor.authorCharaia, Vakhtang
dc.date.accessioned2019-11-21T12:05:14Z
dc.date.available2019-11-21T12:05:14Z
dc.date.issued2019
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dc.description.abstractThe paper analyzes the regime of inflation targeting which, unfortunately, has a number of deficiencies. One of them is that inflation targeting is powerless toward imported inflation. This problem is especially important in import dependent countries. The paper suggests the notion of an imflation index which reflects the dynamics of imported product prices in the domestic market where an important role is devoted to the national currency exchange rate. The paper suggests a complex inflation targeting when monetary policy indicators are both inflation and imflation.en_US
dc.identifier.citationThe 4th International Scientific Conference: "Challenges of Globalization in Economics and Business", Tbilisi, 2019, pp. 326-329en_US
dc.identifier.isbn978-9941-13-890-4
dc.identifier.urihttps://dspace.tsu.ge/handle/123456789/539
dc.language.isoenen_US
dc.publisherIvane Javakhishvili Tbilisi State University Pressen_US
dc.subjectinflation; inflation targeting; exchange rate; complex inflation targeting; imflationen_US
dc.titleOn the measurement of imflation and complex inflation targetingen_US
dc.typeArticleen_US
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