Inflation Targeting
نویسنده
چکیده
منابع مشابه
The Effect of Inflation Targeting on Indirect Tax Performance in Selected Countries Using Propensity Score Matching Model
Inflation targeting framework has become a predominant monetary approach across the globe. Williams (2015) believes that in a very real sense, almost all economies are inflation targeters -either explicit or implicit- now.(1) Due to the increasing spread of this policy, it is necessary to consider the way it affects macroeconomic variables. using prevalent economic models for evaluating the eff...
متن کاملThe Role of Inflation Targeting in Exchange Rate Unification Policy: Difference-in-Differences Approach
Generally, one of the important issue in open macroeconomics and international finance literature is the innovations of exchange rate regimes, and exchange rate unification policy is one of the most important reforming policies in developing and emerging countries. By considering the experience of other emerging countries for exchange rates unification policy in this study, it will be investig...
متن کاملThe Effect of Inflation Targeting Policy Implementation on Production Gap in Iran
Given the increasing importance of achieving low and stable inflation rate during the last decades, adopting the most suitable practices to implement monetary policies has always been of concern by monetary authorities of different countries. Inflation targeting (IT) regime is the most recent strategy to guide monetary policies that have been introduced following the occurrence of exchange rate...
متن کاملالزامات سیاستگذاری چارچوب هدفگذاری تورم در ایران: کاربرد مدل خودرگرسیون برداری ساختاری
Low and stable inflation rates are essential to promote economic growth and welfare of the people. Therefore, many countries pursue their policies within the framework of inflation targeting to achieve low and stable inflation rates. Monetary policy implementation based on inflation targeting is a framework that has been adopted by many countries since 1990. To implement such framework, a serie...
متن کاملInflation Targeting and Regional Inflation Persistence: Evidence from Korea
The adoption of a credible monetary policy regime such as inflation targeting is known to reduce the persistence of inflation fluctuations. This conclusion, however, is derived from aggregate inflation or sectoral inflation rates, not from regional inflation data. This paper studies the regional dimension of inflation targeting, i.e. the consequences of inflation targeting for regional inflatio...
متن کاملDoes the exchange rate regime make a difference in inflation performance in developing and emerging countries?: The role of inflation targeting
We apply propensity score matching estimators with multiple outcomes to evaluate the impacts of exchange rate regimes (fixed, intermediate, and flexible without inflation targeting) and inflation targeting on inflation rates in emerging and developing countries. An inflation-targeting regime does better than or at least as good work as a fixed regime in lowering inflation rates when compared wi...
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