Artículos de revistas
Who chooses to inflation target?
Fecha
2008Registro en:
ECONOMICS LETTERS, v.99, n.2, p.410-413, 2008
0165-1765
10.1016/j.econlet.2007.09.022
Autor
GONCALVES, Carlos Eduardo S.
CARVALHO, Alexandre
Institución
Resumen
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 probability that a country will end up opting for it. (C) 2007 Elsevier B.V. All rights reserved.