Inflation Targeting and the Crisis : An Empirical Assessment

An Empirical Assessment

Inflation Targeting and the Crisis : An Empirical Assessment
This paper appraises how countries with inflation targeting fared during the current crisis, with the goal of establishing the stylized facts that will guide and motivate future research. We find that since August 2008, IT countries lowered nominal policy rates by more and this loosening translated into an even larger differential in real... READ MORE...

Publication date: February 2010
ISBN 9781451963045
$18.00

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