Inflation targets, bands, and track records: a dataset of inflation targeting countriesMendeley Data [PDF]
This paper presents a comprehensive panel dataset of 41 Inflation Targeting (IT) countries from 1990 to 2024 regarding their inflation targets, bands, and track records. First, data on inflation targets and bands are collected through each central bank’s
Zhongxia Zhang
doaj +4 more sources
Inflation Targeting Model in Macroeconomics. [PDF]
Empirical targeting by lowering inflation to the marginal level that causes monetary deflation and transition to depression is shown to increase the growth of the real GDP, while increasing inflation from the marginal level reduces the growth of the real GDP. The inflation is determined according to the theory of reproduction of the national economy by
Iefymenko TI, Dunaev BB, Lyubich AA.
europepmc +5 more sources
Inflation targeting or exchange rate targeting: Which framework supports the goal of price stability in emerging market economies? [PDF]
The paper investigates and compares the relationship between inflation and inflation uncertainty under inflation targeting and, alternatively, a conventional fixed exchange rate system, for a group of emerging countries.
Nora Abu Asab +2 more
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Inflation Targeting and Inflation Persistence [PDF]
This paper argues that the adoption of an inflation target reduces the persistence of inflation. We develop the theoretical literature on inflation persistence by introducing a Taylor Rule for monetary policy into a model of persistence and showing that inflation targets reduce inflation persistence. We investigate changes in the time series properties
George J Bratsiotis, Christopher Martin
exaly +5 more sources
Anticipation of central banks' adoption of inflation targeting and its effect on inflation
We construct an empirical test of whether the anticipation of adoption of inflation targeting affects the inflation rate. We observe that most of the central banks adopt the regime after first achieving significant disinflation.
Amlendu Dubey, Akanksha Mishra
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The Impact of Inflation Targeting on Inflation
The purpose of the paper is to assess the impact of the transition to the inflation targeting regime on inflation in modern conditions. To achieve this goal, we carry out econometric modeling of the impact of this monetary policy regime on the dynamics ...
P. S. Kartaev, O. S. Sazonov
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Inflation targeting: What inflation rate to target? [PDF]
Abstract In an economy with nominal rigidities in both an intermediate good sector and a finished good sector, and thus with a natural distinction between CPI and PPI inflation rates, a benevolent central bank faces a tradeoff between stabilizing the two measures of inflation, a final output gap and, unique to our model, a real marginal cost gap in ...
Kevin X. D. Huang, Zheng Liu
openaire +4 more sources
Forward-looking component in consumers’expectations and inflation forecast targeting: the case of six European economies [PDF]
Since there are different ways of revealing central banks’ intentions, a simple research question, which we address in this study, arises. Is the forward-looking (FL) component of consumers’ expectations related to the way in which the forecast is ...
Magdalena Szyszko , Aleksandra Rutkowska
doaj +1 more source
Inflation targeting and economic performance: The case of Mexico [PDF]
In the paper we analyze the impact of Inflation Targeting (IT) in Mexico. The objective is to evaluate the impact of the implementation of inflation targeting and full-fledged inflation targeting (FFIT) on the level and the variability of the ...
Carrasco Carlos A., Ferreiro Jesús
doaj +1 more source
Inflation Targeting in Emerging Economies And its Applicability to the Egyptian Economy [PDF]
Inflation targeting has been widely adopted in both developed and emerging economies. Inflation targeting is one of the operational frameworks for monetary policy aimed at attaining price stability as a primary goal of monetary policy, while other goals
Eman Hashem
doaj +1 more source

