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On Robustness of Average Inflation Targeting

Social Science Research Network, 2021
This paper considers the performance of average inflation targeting (AIT) policy in a New Keynesian model with adaptive learning agents. Our analysis raises concerns regarding robustness of AIT when agents have imperfect knowledge.
S. Honkapohja, Nigel McClung
semanticscholar   +1 more source

Inflation Targeting in South Africa

Darden Business Publishing Cases
South Africa had formally introduced a policy of inflation targeting (IT) in February 2000. By December 2001, the governor of the South African Reserve Bank, after reading the latest statistics, was concerned with the disappointing economic data ...
Frank Warnock   +4 more
semanticscholar   +1 more source

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