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Wednesday, August 13, 2008. Which Nominal Anchor for Commodity Exporting Countries? In CEPR Policy Insight No. 25. Jeffrey Frankel Harvard Uni. proposes a solution pegging the domestic currency only to the export price. For eg., for a gold exporting country, the proposal would be that,. Moreover, the proposal is in sharp contrast to the strategy of inflation targeting IT adopted by many advanced and emerging-market economies. As a nominal anchor, IT involves setting an inflation target based on .
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Wednesday, August 13, 2008. Which Nominal Anchor for Commodity Exporting Countries? In CEPR Policy Insight No. 25. Jeffrey Frankel Harvard Uni. proposes a solution pegging the domestic currency only to the export price. For eg., for a gold exporting country, the proposal would be that,. Moreover, the proposal is in sharp contrast to the strategy of inflation targeting IT adopted by many advanced and emerging-market economies. As a nominal anchor, IT involves setting an inflation target based on .CONTENT
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