Testing the Transparency Benefits of Inflation Targeting : Evidence from Private Sector Forecasts

Evidence from Private Sector Forecasts

Testing the Transparency Benefits of Inflation Targeting : Evidence from Private Sector Forecasts
I test whether inflation targeting (IT) enhances transparency using inflation forecast data for 11 IT adoption countries. IT adoption promotes convergence in forecast errors, suggesting that it enhances transparency. This effect is robust to dropping observations, is strengthened by using instrumental variable estimation to eliminate READ MORE...

Publication date: December 2006
ISBN 9781451865493
$18.00

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats

Paperback

Publication date: December 2006

PDF

Publication date: December 2006

ePub

Publication date: December 2006

Mobi

Publication date: December 2006

English