Under what conditions can inflation targeting be adopted? The experience of emerging markets
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Date
2007
Authors
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Publisher
Banco Central de Chile
Abstract
Description
Inflation targeting has become an increasingly popular monetary policy strategy, with 21 countries (8 industrial and 13 emerging market economies) targeting inflation and others considering following in their footsteps. Numerous studies of inflation targeting in industrial countries have been conducted, much less analysis has been done on its effects in emerging markets.
Keywords
INFLACIÓN, POLÍTICA MONETARIA