Does Inflation Targeting Matter?

Does Inflation Targeting Matter?
This paper asks whether inflation targeting improves economic performance, as measured by the behavior of inflation, output, and interest rates. We compare 7 OECD countries that adopted inflation targeting in the early 1990s to 13 that did not. After the early 1990s, performance improved along many dimensions for both targeting and nontargeting... READ MORE...

Publication date: June 2003
ISBN 9781451855135
$15.00

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