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Keynes as the "father" of inflation targeting
(FGV IBRE, 2013-03)
Inflation targeting in emerging economies: What do the data say?
(ELSEVIER SCIENCE BV, 2008)
In a recent thought-provoking paper, Ball and Sheridan [Ball, L., Sheridan, N., 2005. Does inflation targeting matter? In: Bernanke, B.S., Woodford, M. (Eds.), The Inflation-Targeting Debate, University of Chicago Press] ...
Price Dispersion and Optimal Inflation: the Spanish Case
(Elsevier, 2013-05)
This paper studies the relation between inflation and relative price variability (RPV) in Spain during the 1987-2009 period. We find that this relation presents a U-shape profile, and that the optimal annual inflation rate ...
Inflation targeting and the sacrifice ratio
(Fundação Getúlio Vargas, 2008)
In this paper we show that economies that adopted the inflation targeting (IT) regime have been able to "disinflate" less costly. The effect of IT on the sacrifice ratio is not only statistically significant, but also ...
Who chooses to inflation target?
(ELSEVIER SCIENCE SA, 2008)
In this article, we seek what are the factors behind a country`s decision to move to Inflation Targeting. We find that high past inflation, low debt levels and the absence of a nominal exchange rate anchor increase the ...
Global policy spillovers and Perus monetary policy: Inflation targeting, foreign exchange intervention and reserve requirements
(Universidad San Ignacio de Loyola, 2014)
This paper provides an overview of the monetary policy actions undertaken by the Central Reserve Bank of Peru, combining its main inflation targeting framework with sterilised FX interventions and reserve requirement ...
Global policy spillovers and Perus monetary policy: Inflation targeting, foreign exchange intervention and reserve requirements
(Universidad San Ignacio de Loyola, 2014)
This paper provides an overview of the monetary policy actions undertaken by the Central Reserve Bank of Peru, combining its main inflation targeting framework with sterilised FX interventions and reserve requirement ...
Global policy spillovers and Perus monetary policy: Inflation targeting, foreign exchange intervention and reserve requirements
(Universidad San Ignacio de Loyola, 2014)
This paper provides an overview of the monetary policy actions undertaken by the Central Reserve Bank of Peru, combining its main inflation targeting framework with sterilised FX interventions and reserve requirement ...
Títulos públicos indexados à inflação e a ancoragem das expectativas no Brasil
(2012-01-30)
O objetivo deste trabalho é investigar a ancoragem das expectativas de inflação de longo prazo no Brasil, medidas por intermédio das taxas de inflação implícitas nos títulos indexados ao IPCA. Para isso, são extraídas as ...