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Inflation targets, bands, and track records: a dataset of inflation targeting countriesMendeley Data [PDF]
Data in BriefThis 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
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Inflation Targeting Model in Macroeconomics. [PDF]
Cybern Syst Anal, 2021 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]
PLoS ONE, 2018 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]
Economic and Political Studies, 2015 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
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Inflation targeting in Brazil [PDF]
International Review of Applied Economics, 2011 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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Anticipation of central banks' adoption of inflation targeting and its effect on inflation
Central Bank Review, 2023 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
Финансы: теория и практикаThe 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]
Journal of Monetary Economics, 2005 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
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Inflation Targeting, Between Rhetoric and Reality. The Case of Transition Economies [PDF]
The European Journal of Comparative Economics, 2007 The paper examines the inflation targeting regime in the context of transition economies. Recent years have witnessed an increasing number of central banks in these countries moving towards the implementation of inflation targeting regimes.
Laurian Lungu, Daniel Daianu
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Forward-looking component in consumers’expectations and inflation forecast targeting: the case of six European economies [PDF]
Zbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu, 2019 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
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