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Does inflation targeting work in emerging East-Asian economies? [PDF]
This paper evaluates on the performance of the inflation-targeting regime in three emerging East-Asian economies that have experienced changes in monetary policy regimes, from rigidities to a flexible exchange rate and inflation targeting, after the ...
Sek Kun Siok, Har Mun Wai
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SAY NO TO INFLATION TARGETING: A CALL FOR THE ADAPTATION OF A ZERO-INTEREST REGIME
In its early history, monetary policy focused on numerous objectives, including stable growth, full employment, stable exchange rates and price stability.
Atiq ur Rehman
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Inflation Targeting and Economic Growth in the Middle East and North Africa (MENA): empirical modeling using ARDL approach [PDF]
This paper analyses the relationship between Inflation Targeting and economic growth in 20 countries in the Middle East and North Africa (MENA) countries region (Algeria, Saudi Arabia, Palestinian Authority, Bahrain, Djibouti, United Arab Emirates, Egypt,
Brahim Bouyacoub
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Presentation before the Junior Achievement of Arkansas Inc, Little Rock, Ark., Feb.
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Internal and external drivers of inflation in Nigeria [PDF]
This study contributes to the literature on inflation dynamics by examining whether internal or external factors drive inflationary pressure in Nigeria. Using the annual time series data from 1981 to 2017 and applying Johansen cointegration analysis, the
Ngozi Adeleye +4 more
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We describe the experience of some economies that struggle to consolidate Inflation Targeting. We document the resilience of inflationary expectations during the first years after adoption by Israel, Brazil, Guatemala, Mexico, South Africa, and Turkey ...
Emiliano Libman, Santiago Taboada
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Inflation targets and inflation targeting [PDF]
Abstract This paper examines the Federal Reserve System’s dual policy mandate pertaining to the promotion of price stability and high employment. It reviews the relative merits of single and dual mandates and assesses the viability of explicit inflation targets.
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Inflation targeting in Brazil [PDF]
The purpose of this paper is to examine the Inflation Targeting (IT) framework as it is applied in the case of Brazil since its adoption in June 1999. For this purpose we first summarize the macroeconometric model utilized by the Central Bank of Brazil (BCB) in its pursuit of the IT framework. While the focus of this paper is on Brazil, we also examine
Philip Arestis +2 more
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Monetary strategies from the perspective of intermediate objectives [PDF]
Central bank can apply different kinds of monetary strategies. This paper analyses monetary strategy from the perspective of intermediate objectives. Right strategy should help to fulfill targeted goals.
Neupauerová Marianna, Vravec Ján
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On Complex Inflation Targeting and Modified Inflation Indicators (Experience of Georgia)
The paper analyzes inflation targeting which used in many countries as a tool for the monetary policy of central banks. The study of the experience of inflation targeting over the past quarter century shows a number of shortcomings.
V. Papava, V. Charaia
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