Inflation Targeting and Fiscal Rules: Do Interactions and Sequencing Matter?

Inflation Targeting and Fiscal Rules: Do Interactions and Sequencing Matter?
The paper examines the joint impact of inflation targeting (IT) and fiscal rules (FR) on fiscal behavior and inflation in a broad panel of advanced and developing economies over the period 1990-2009. The main contribution of the paper is to show that, as suggested by the theoretical literature, interactions between FR and IT matter a great deal... READ MORE...

Publication date: May 2014
ISBN 9781498322379
$18.00

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