Sticky inflationary expectations and inflation targeting in (some) emerging and less developed economies

Autor:	Emiliano Libman, Santiago Taboada
Jazyk:	English<br />Spanish; Castilian
Rok vydání:	2021
Předmět:	Inflation Targeting Expected Inflation Taylor-Rules. Social Sciences Economic history and conditions HC10-1085
Zdroj:	Cuadernos de Economía, Vol 40, Iss 82 (2021)
Druh dokumentu:	article
ISSN:	0121-4772 2248-4337
DOI:	10.15446/cuadecon.v40n82.79547
Popis:	We describe the experience of some economies that struggle to consolidate Inflation Targeting. We document the resilience of inflationary expectations during the first years after adoption by Israel, Brazil, Guatemala, Mexico, South Africa, and Turkey. The benchmark case of New Zealand is also described, and the experience of Argentina is presented as one of the few examples where Inflation Targeting failed and was eventually abandoned.
Databáze:	Directory of Open Access Journals
Externí odkaz:	https://doaj.org/article/572df2f3d1804e07a1ee5a7780aecb61 Zobrazit plný text záznamu View record in DOAJ