Does Inflation Targeting Matter? A Reassessment

No 82, Working Papers from Princeton University, Department of Economics, Center for Economic Policy Studies.

Abstract: This paper uses a number of identification approaches (using instrumental variables, assumptions about heteroscedasticity and panel fixed effects) to estimate the effect of inflation targeting on inflation. Generally, it finds the effect is small and insignificant.

Keywords: Inflation; Monetary policy (search for similar items in EconPapers)
JEL-codes: E31 E52 (search for similar items in EconPapers)
Date: 2006-02
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (12)

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Related works:
Journal Article: Does inflation targeting matter? A reassessment (2012)
Working Paper: Does Inflation Targeting Matter? A Reassessment (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:pri:cepsud:120

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