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Expectations Anchoring in Inflation Targeting Regimes [PDF]

Central banks adopt an inflation targeting policy with a goal to anchor inflation expectations. We argue that the expectations anchoring test developed in the context of the Krugman (1991) exchange rate targeting model is well-suited for inflation ...
Oleg Korenok, Stanislav Radchenko
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PRICE-LEVEL TARGETING – A VIABLE ALTERNATIVE TO INFLATION TARGETING? [PDF]

CES Working Papers, 2012
The recent financial crisis that has led some central banks reaching the zero lower bound of their interest rate to use unconventional monetary policy instruments, has brought to the forefront theacademic discussions on the shift from inflation targeting
Iulian Vasile Popescu
doaj  

Inflation Targeting: The British Experience [PDF]

This lecture describes the United Kingdom's experience with inflation targeting. It provides a historical perspective to the introduction of inflation targeting, discusses the concept of inflation targets, and compares an inflation targeting regime with ...
William A Allen
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Inflation Targeting is Neither Necessary Nor Sufficient [PDF]

Proponents of inflation targeting suggest that countries using this tool understand better, their responsibility for price stability and are able to better communicate their superior policy target. Thus, they also should achieve lower inflation.
Tatom, John
core   +1 more source

Learning, endogenous indexation and disinflation in the New-Keynesian Model [PDF]

, 2007
This paper introduces adaptive learning and endogenous indexation in the New-Keynesian Phillips curve and studies disinflation under inflation targeting policies.
Wieland, Volker
core   +2 more sources

What do New-Keynesian Phillips Curves imply for price level targeting? [PDF]

This paper extends the analysis of price level targeting to a model including the New-Keynesian Phillips Curve. We examine the inflation-output variability tradeoffs implied by optimal inflation and price level rules.
Robert Dittmar, William T. Gavin
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Degree of Openness and Inflation Targeting Policy: Model of a Small Open Economy [PDF]

In this paper, we present the dynamics of a Neo-Keynesian model applied to a small open economy in order to study the impact of openness on the choice of the appropriate inflation targeting policy.
Bousrih Jihene, Bousrih Jihene
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Does Talk Matter After All? Inflation Targeting and Central Bank Behavior [PDF]

Since 1990, a number of countries have adopted inflation targeting as their declared monetary strategy. Interpretations of the significance of this movement, however, have differed widely.
Adam S. Posen, Kenneth N. Kuttner
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The Effect of Inflation Targeting Policies on Dollarization-A Cross-Country Analysis [PDF]

, 2019
This paper attempts to review the experiences of various dollarized economies from the adoption of an explicit inflation-targeting framework for domestic monetary policy.
Brahma, Dweepobotee
core   +1 more source

State of the art of inflation targeting [PDF]

Inflation targeting has been adopted by an increasing number of central banks as their monetary policy framework. At the start of 2010, some twenty seven central banks were considered fully fledged inflation targeters, and many others are in the process ...
Gill Hammond
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