Details about Douglas Laxton

E-mail:
Homepage:	http://douglaslaxton.org
Phone:	+351 910771853
Postal address:	Algarve, Portugal
Workplace:	Central Bank of Armenia, (more information at EDIRC)

Access statistics for papers by Douglas Laxton.

Last updated 2023-01-28. Update your information in the RePEc Author Service.

Short-id: pla306

---

Jump to Journal Articles Chapters

Working Papers

2019

1. Multivariate Filter Estimation of Potential Output for the United States: An Extension with Labor Market Hysteresis
   IMF Working Papers, International Monetary Fund View citations (6)
   Also in Working Papers, Central Bank of the Republic of Armenia (2019) View citations (6)
2. Solving non-linear dynamic models (more) efficiently: application to a simple monetary policy model
   NBG Working Papers, National Bank of Georgia View citations (2)
3. Strengthening the Monetary Policy Framework in Korea
   IMF Working Papers, International Monetary Fund

2018

4. A New Strategy for Korea’s Fiscal Policy in a Low Growth Environment
   IMF Working Papers, International Monetary Fund
5. An Index for Transparency for Inflation-Targeting Central Banks: Application to the Czech National Bank
   IMF Working Papers, International Monetary Fund View citations (13)
6. Estimates of Potential Output and the Neutral Rate for the U.S. Economy
   IMF Working Papers, International Monetary Fund View citations (3)
7. Morocco: A Practical Approach to Monetary Policy Analysis in a Country with Capital Controls
   IMF Working Papers, International Monetary Fund View citations (8)

2017

8. Czech Magic: Implementing Inflation-Forecast Targeting at the CNB
   IMF Working Papers, International Monetary Fund View citations (10)
9. Inflation-Forecast Targeting for India: An Outline of the Analytical Framework
   IMF Working Papers, International Monetary Fund View citations (13)
10. Multivariate Filter Estimation of Potential Output for the United States
    IMF Working Papers, International Monetary Fund View citations (19)
11. Oil Prices and the Global Economy
    IMF Working Papers, International Monetary Fund View citations (27)
12. Quarterly Projection Model for India: Key Elements and Properties
    IMF Working Papers, International Monetary Fund View citations (13)

2016

13. How to Improve Inflation Targeting in Canada
    IMF Working Papers, International Monetary Fund View citations (9)
14. Macroeconomic Management When Policy Space is Constrained: A Comprehensive, Consistent and Coordinated Approach to Economic Policy
    IMF Staff Discussion Notes, International Monetary Fund View citations (4)
15. Mitigating the Deadly Embrace in Financial Cycles: Countercyclical Buffers and Loan-to-Value Limits
    IMF Working Papers, International Monetary Fund View citations (6)
    See also Chapter (2018)
16. Reflating Japan: Time to Get Unconventional?
    IMF Working Papers, International Monetary Fund View citations (7)

2015

17. A Simple Multivariate Filter for Estimating Potential Output
    IMF Working Papers, International Monetary Fund View citations (49)
18. Avoiding Dark Corners: A Robust Monetary Policy Framework for the United States
    IMF Working Papers, International Monetary Fund View citations (13)
19. Banks in The Global Integrated Monetary and Fiscal Model
    IMF Working Papers, International Monetary Fund View citations (7)
20. Frontiers of Monetary Policymaking: Adding the Exchange Rate as a Tool to Combat Deflationary Risks in the Czech Republic
    IMF Working Papers, International Monetary Fund View citations (17)
21. Inflation-Forecast Targeting: Applying the Principle of Transparency
    IMF Working Papers, International Monetary Fund View citations (15)
22. Multivariate Filter Estimation of Potential Output for the Euro Area and the United States
    IMF Working Papers, International Monetary Fund View citations (14)
23. Short Term Forecasting System of Private Demand Components in Armenia
    Working Papers, Central Bank of the Republic of Armenia View citations (5)
24. The Flexible System of Global Models – FSGM
    IMF Working Papers, International Monetary Fund View citations (30)

2014

25. Financial Crises in DSGE Models: A Prototype Model
    IMF Working Papers, International Monetary Fund View citations (51)
26. Financial Crises in DSGE Models: Selected Applications of MAPMOD
    IMF Working Papers, International Monetary Fund View citations (34)

2013

27. Adding China to the Global Projection Model
    IMF Working Papers, International Monetary Fund View citations (13)
28. GPM6: The Global Projection Model with 6 Regions
    IMF Working Papers, International Monetary Fund View citations (39)
29. Getting to Know GIMF: The Simulation Properties of the Global Integrated Monetary and Fiscal Model
    IMF Working Papers, International Monetary Fund View citations (60)
30. The Benefits of International Policy Coordination Revisited
    IMF Working Papers, International Monetary Fund View citations (10)

2012

31. The Future of Oil: Geology Versus Technology
    IMF Working Papers, International Monetary Fund View citations (24)
    See also Journal Article in International Journal of Forecasting (2015)

2010

32. A Model for Full-Fledged Inflation Targeting and Application to Ghana
    IMF Working Papers, International Monetary Fund View citations (2)
33. Budget Consolidation: Short-Term Pain and Long-Term Gain
    IMF Working Papers, International Monetary Fund View citations (9)
34. Chile’s Structural Fiscal Surplus Rule: a Model – Based Evaluation
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (9)
    Also in IMF Working Papers, International Monetary Fund (2009) View citations (11)
    See also Journal Article in Journal Economía Chilena (The Chilean Economy) (2010)
35. Effects of Fiscal Stimulus in Structural Models
    IMF Working Papers, International Monetary Fund View citations (111)
    See also Journal Article in American Economic Journal: Macroeconomics (2012)
36. Structural Models in Real Time
    IMF Working Papers, International Monetary Fund View citations (5)
37. The Global Integrated Monetary and Fiscal Model (GIMF) – Theoretical Structure
    IMF Working Papers, International Monetary Fund View citations (159)
38. To Starve or Not to Starve the Beast?
    IMF Working Papers, International Monetary Fund View citations (3)
    See also Journal Article in Journal of Macroeconomics (2014)

2009

39. Adding Indonesia to the Global Projection Model
    IMF Working Papers, International Monetary Fund View citations (16)
40. Constructing Forecast Confidence Bands During the Financial Crisis
    IMF Working Papers, International Monetary Fund View citations (4)
41. Developing a Structured Forecasting and Policy Analysis System to Support Inflation-Forecast Targeting (IFT)
    IMF Working Papers, International Monetary Fund View citations (11)
42. Fiscal Deficits and Current Account Deficits
    IMF Working Papers, International Monetary Fund View citations (23)
    See also Journal Article in Journal of Economic Dynamics and Control (2013)
43. Fiscal Stimulus to the Rescue? Short-Run Benefits and Potential Long-Run Costs of Fiscal Deficits
    IMF Working Papers, International Monetary Fund View citations (40)
44. Gauging Risks for Deflation
    IMF Staff Position Notes, International Monetary Fund View citations (11)
45. Inflation Targeting Pillars - Transparency and Accountability
    IMF Working Papers, International Monetary Fund View citations (11)
46. It Framework Design Parameters
    IMF Working Papers, International Monetary Fund View citations (1)
47. Simple, Implementable Fiscal Policy Rules
    IMF Working Papers, International Monetary Fund View citations (30)
48. The Case for Global Fiscal Stimulus
    IMF Staff Position Notes, International Monetary Fund View citations (49)
49. Why Inflation Targeting?
    IMF Working Papers, International Monetary Fund View citations (47)

2008

50. A Small Quarterly Multi-Country Projection Model
    IMF Working Papers, International Monetary Fund View citations (38)
51. A Small Quarterly Multi-Country Projection Model with Financial-Real Linkages and Oil Prices
    IMF Working Papers, International Monetary Fund View citations (27)
52. A Small Quarterly Projection Model of the US Economy
    IMF Working Papers, International Monetary Fund View citations (36)
53. Monetary Transmission in an Emerging Targeter: The Case of Brazil
    IMF Working Papers, International Monetary Fund View citations (24)
54. Oil Price Movements and the Global Economy: A Model-Based Assessment
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (40)
    Also in Staff Working Papers, Bank of Canada (2007) View citations (12)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2008) View citations (33)
    See also Journal Article in IMF Staff Papers (2008)
55. Why is Canada’s Price Level So Predictable?
    IMF Working Papers, International Monetary Fund View citations (10)
    See also Journal Article in Journal of Money, Credit and Banking (2013)

2007

56. A Party without a Hangover? On the Effects of U.S. Government Deficits
    IMF Working Papers, International Monetary Fund View citations (45)
    Also in 2007 Meeting Papers, Society for Economic Dynamics (2007) View citations (15)
57. DSGE Modeling at the Fund: Applications and Further Developments
    IMF Working Papers, International Monetary Fund View citations (17)
58. Endogenous Monetary Policy Credibility in a Small Macro Model of Israel
    IMF Working Papers, International Monetary Fund View citations (34)

2006

59. A New-Open-Economy Macro Model for Fiscal Policy Evaluation
    IMF Working Papers, International Monetary Fund View citations (38)
60. A Practical Model-Based Approach to Monetary Policy Analysis—Overview
    IMF Working Papers, International Monetary Fund View citations (61)
61. Deflationary Shocks and Monetary Rules: An Open-Economy Scenario Analysis
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (6)
    Also in Staff Reports, Federal Reserve Bank of New York (2006) View citations (5)
    NBER Working Papers, National Bureau of Economic Research, Inc (2006) View citations (6)
    See also Journal Article in Journal of the Japanese and International Economies (2006)
62. Inflation Targeting Versus Joining a Monetary Union: An Assessment of the Potential Benefits and Costs Using a DSGE Model
    Computing in Economics and Finance 2006, Society for Computational Economics
63. Measures of Potential Output from an Estimated DSGE Model of the United States
    Working Papers, Czech National Bank View citations (10)
64. Practical Model-Based Monetary Policy Analysis: A How-To Guide
    IMF Working Papers, International Monetary Fund View citations (51)
65. Under What Conditions Can Inflation Targeting Be Adopted? The Experience of Emerging Markets
    Working Papers Central Bank of Chile, Central Bank of Chile View citations (43)
    See also Chapter (2007)
66. Would Protectionism Defuse Global Imbalances and Spur Economic Activity? A Scenario Analysis
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (7)
    Also in Staff Reports, Federal Reserve Bank of New York (2006) View citations (10)
    NBER Working Papers, National Bureau of Economic Research, Inc (2006) View citations (8)
    See also Journal Article in Journal of Economic Dynamics and Control (2008)

2005

67. A Rational Expectations Model of Optimal Inflation Inertia
    Computing in Economics and Finance 2005, Society for Computational Economics View citations (2)
68. On the Benefits of Exchange Rate Flexibility under Endogenous Tradedness of Goods
    Computing in Economics and Finance 2005, Society for Computational Economics View citations (4)
69. Smooth Landing or Crash? Model-Based Scenarios of Global Current Account Rebalancing
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (58)
    See also Journal Article in Proceedings (2005)
    Chapter (2007)

2004

70. Benefits and Spillovers of Greater Competition in Europe: A Macroeconomic Assesment
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (50)
    Also in Staff Reports, Federal Reserve Bank of New York (2004) View citations (123)
    CEPR Discussion Papers, C.E.P.R. Discussion Papers (2004) View citations (188)
    International Finance Discussion Papers, Board of Governors of the Federal Reserve System (U.S.) (2004) View citations (111)
    Working Paper Series, European Central Bank (2004) View citations (193)
71. GEM: A New International Macroeconomic Model
    IMF Occasional Papers, International Monetary Fund View citations (31)

2003

72. IS THERE A ROLE FOR ASSET PRICES IN MONETARY RULES? SOME WELFARE ANALYSIS BASED ON PERTURBATION METHODS
    Computing in Economics and Finance 2003, Society for Computational Economics
73. Monetary Rules for Small, Open, Emerging Economies
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (295)
    See also Journal Article in Journal of Monetary Economics (2003)
74. Some Simulation Properties of the Major Euro Area Economies in Multimod
    IMF Working Papers, International Monetary Fund View citations (6)
    See also Journal Article in Economic Modelling (2004)

2002

75. How Well Do Alternative Time-Varying Parameter Models of the NAIRU Help Policymakers Forecast Unemployment and Inflation in the OECD Countries?
    Computing in Economics and Finance 2002, Society for Computational Economics View citations (9)
76. Monetary Policy Credibility and the Unemployment-Inflation Tradeoff: Some Evidence From 17 Industrial Countries
    IMF Working Papers, International Monetary Fund View citations (22)
77. Monetary Policy Credibility and the Unemployment-Inflation Tradeoff: Some Evidence from Seventeen OECD Countries
    Computing in Economics and Finance 2002, Society for Computational Economics View citations (11)

2001

78. Inflation Targeting with NAIRU Uncertainty and Endogenous Policy Credibility
    IMF Working Papers, International Monetary Fund View citations (22)
    See also Journal Article in Journal of Economic Dynamics and Control (2001)
79. The Macroeconomic Effects of Higher Oil Prices
    IMF Working Papers, International Monetary Fund View citations (36)
    See also Journal Article in National Institute Economic Review (2002)
80. The Zero Interest Rate Floor (ZIF) and its Implications for Monetary Policy in Japan
    IMF Working Papers, International Monetary Fund View citations (14)
    See also Journal Article in National Institute Economic Review (2004)

2000

81. International Spillovers of Macroeconomic Shocks: A Quantitative Exploration
    IMF Working Papers, International Monetary Fund View citations (6)
82. Life-Cycles, Dynasties, Savings: Implications for Closed and Small, Open Economies
    IMF Working Papers, International Monetary Fund View citations (20)

1999

83. An Analysis of the Robustness of Simple Monetary Policy Rules in Simple Models of the Output-Inflation Process
    Computing in Economics and Finance 1999, Society for Computational Economics
84. Real Interest Rates and Real Exchange Rates: Evidence from Indexed Bonds
    Computing in Economics and Finance 1999, Society for Computational Economics View citations (2)
    See also Journal Article in Manchester School (2003)
85. Simple Monetary Policy Rules Under Model Uncertainty
    Computing in Economics and Finance 1999, Society for Computational Economics View citations (37)
    Also in IMF Working Papers, International Monetary Fund (1999) View citations (162)
    See also Journal Article in International Tax and Public Finance (1999)

1998

86. Liberating Supply-Fiscal Policy and Technological innovation in a Multicountry Model
    IMF Working Papers, International Monetary Fund
    Also in MPRA Paper, University Library of Munich, Germany (1998)
87. Multimod Mark III: The Core Dynamic and Steady State Model
    IMF Occasional Papers, International Monetary Fund View citations (12)

1997

88. Phillips Curves
    CEP Discussion Papers, Centre for Economic Performance, LSE View citations (41)
89. Phillips Curves, Phillips Lines and the Unemplyment Costs of Overheating
    IMF Working Papers, International Monetary Fund View citations (28)
90. Possible Effects of European Monetary Union on Switzerland: A Case Study of Policy Dilemmas Caused by Low Inflation and the Nominal Interest Rate Floor
    IMF Working Papers, International Monetary Fund View citations (11)

1996

91. A Robust and Efficient Method for Solving Nonlinear Rational Expectations Models
    IMF Working Papers, International Monetary Fund View citations (10)
92. Government Debt, Life-Cycle Income and Liquidity Constrains: Beyond Approximate Ricardian Equivalence
    IMF Working Papers, International Monetary Fund View citations (16)
    See also Journal Article in IMF Staff Papers (1997)
93. Is the Phillips Curve Really a Curve? Some Evidence for Canada, the United Kingdom, and the United States
    IMF Working Papers, International Monetary Fund View citations (55)
    See also Journal Article in IMF Staff Papers (1997)

1995

94. Asymmetry in the U.S. Output-Inflation Nexus: Issues and Evidence
    IMF Working Papers, International Monetary Fund View citations (29)
95. Capacity Constraints, Inflation and the Transmission Mechanism: Forward-Looking Versus Myopic Policy Rules
    IMF Working Papers, International Monetary Fund View citations (27)
96. World Public Debt and Real Interest Rates
    IMF Working Papers, International Monetary Fund View citations (21)
    See also Journal Article in Oxford Review of Economic Policy (1999)

1994

97. Asymmetric Effects of Economic Activityon Inflation: Evidence and Policy Implications
    IMF Working Papers, International Monetary Fund View citations (22)
    See also Journal Article in IMF Staff Papers (1995)

Undated

98. Should the Fed Base Policy Decisions on a Linear Phillips Curve?
    Computing in Economics and Finance 1997, Society for Computational Economics

Journal Articles

2015

1. The future of oil: Geology versus technology
   International Journal of Forecasting, 2015, 31, (1), 207-221 View citations (12)
   See also Working Paper (2012)

2014

2. To starve or not to starve the beast?
   Journal of Macroeconomics, 2014, 39, (PA), 1-23
   See also Working Paper (2010)

2013

3. Fiscal deficits and current account deficits
   Journal of Economic Dynamics and Control, 2013, 37, (10), 2062-2082 View citations (20)
   See also Working Paper (2009)
4. Simple fiscal policy rules for small open economies
   Journal of International Economics, 2013, 91, (1), 113-127 View citations (22)
5. Why Is Canada's Price Level So Predictable?
   Journal of Money, Credit and Banking, 2013, 45, (1), 71-85 View citations (1)
   Also in Journal of Money, Credit and Banking, 2013, 45, (1), 71-85 (2013) View citations (14)
   See also Working Paper (2008)

2012

6. Effects of Fiscal Stimulus in Structural Models
   American Economic Journal: Macroeconomics, 2012, 4, (1), 22-68 View citations (499)
   See also Working Paper (2010)

2011

7. Deficit reduction: Short-term pain for long-term gain
   European Economic Review, 2011, 55, (1), 118-139 View citations (29)

2010

8. Chile’s Structural Fiscal Surplus Rule: a Model-Based Evaluation
   Journal Economía Chilena (The Chilean Economy), 2010, 13, (3), 5-32 View citations (10)
   See also Working Paper (2010)
9. Global effects of fiscal stimulus during the crisis
   Journal of Monetary Economics, 2010, 57, (5), 506-526 View citations (43)
10. International deflation risks under alternative macroeconomic policies
    Journal of the Japanese and International Economies, 2010, 24, (2), 140-177 View citations (6)
    See also Chapter (2010)
11. Policies to Rebalance the Global Economy After the Financial Crisis
    International Journal of Central Banking, 2010, 6, (1), 215-252 View citations (2)

2008

12. Getting to Know the Global Economy Model and Its Philosophy
    IMF Staff Papers, 2008, 55, (2), 213-242 View citations (32)
13. Les modèles DSGE au FMI: applications et développements récents
    Économie et Prévision, 2008, 183, (2), 175-198 View citations (1)
    Also in Economie & Prévision, 2008, n° 183-184, (2), 175-198 (2008) View citations (1)
14. Oil Price Movements and the Global Economy: A Model-Based Assessment
    IMF Staff Papers, 2008, 55, (2), 297-311 View citations (33)
    See also Working Paper (2008)
15. Optimal price setting and inflation inertia in a rational expectations model
    Journal of Economic Dynamics and Control, 2008, 32, (8), 2584-2621 View citations (18)
16. The Macroeconomic Costs and Benefits of Adopting the Euro
    IMF Staff Papers, 2008, 55, (2), 339-355 View citations (7)
17. Would protectionism defuse global imbalances and spur economic activity? A scenario analysis
    Journal of Economic Dynamics and Control, 2008, 32, (8), 2651-2689 View citations (16)
    See also Working Paper (2006)

2006

18. Deflationary shocks and monetary rules: An open-economy scenario analysis
    Journal of the Japanese and International Economies, 2006, 20, (4), 665-698 View citations (6)
    See also Working Paper (2006)

2005

19. Smooth landing or crash? model based scenarios of global current account rebalancing
    Proceedings, 2005 View citations (35)
    See also Chapter (2007)
    Working Paper (2005)

2004

20. Some simulation properties of the major euro area economies in MULTIMOD
    Economic Modelling, 2004, 21, (5), 759-783 View citations (9)
    See also Working Paper (2003)
21. The Zero Interest Rate Floor (ZIF) and its Implications for Monetary Policy in Japan
    National Institute Economic Review, 2004, 187, 76-92
    Also in National Institute Economic Review, 2004, 187, (1), 76-92 (2004) View citations (4)
    See also Working Paper (2001)

2003

22. Monetary rules for small, open, emerging economies
    Journal of Monetary Economics, 2003, 50, (5), 1109-1146 View citations (296)
    See also Working Paper (2003)
23. Real Interest Rates And Real Exchange Rates: Evidence From Indexed Bonds
    Manchester School, 2003, 71, (1), 65-77 View citations (4)
    See also Working Paper (1999)
24. When leaner isn't meaner: measuring the benefits and spillovers of greater competition in Europe
    Proceedings, 2003 View citations (1)

2002

25. The Macroeconomic Effects of Higher Oil Prices
    National Institute Economic Review, 2002, 179, 87-103 View citations (1)
    Also in National Institute Economic Review, 2002, 179, (1), 87-103 (2002) View citations (15)
    See also Working Paper (2001)

2001

26. An Evaluation of Alternative Monetary Policy Rules in a Model with Capacity Constraints
    Journal of Money, Credit and Banking, 2001, 33, (1), 42-64 View citations (34)
27. Inflation targeting with NAIRU uncertainty and endogenous policy credibility
    Journal of Economic Dynamics and Control, 2001, 25, (1-2), 115-148 View citations (28)
    See also Working Paper (2001)
28. Possible effects of European Monetary Union on Switzerland
    Journal of Policy Modeling, 2001, 23, (5), 531-551 View citations (2)

1999

29. Simple Monetary Policy Rules Under Model Uncertainty
    International Tax and Public Finance, 1999, 6, (4), 537-577 View citations (38)
    See also Working Paper (1999)
30. The U.S. Phillips curve: The case for asymmetry
    Journal of Economic Dynamics and Control, 1999, 23, (9-10), 1459-1485 View citations (87)
31. World Public Debt and Real Interest Rates
    Oxford Review of Economic Policy, 1999, 15, (2), 77-94 View citations (44)
    See also Working Paper (1995)

1998

32. A robust method for simulating forward-looking models
    Journal of Economic Dynamics and Control, 1998, 22, (4), 489-501 View citations (33)
33. An algorithm competition: First-order iterations versus Newton-based techniques
    Journal of Economic Dynamics and Control, 1998, 22, (8-9), 1291-1318 View citations (70)

1997

34. Government Debt, Life-Cycle Income, and Liquidity Constraints: Beyond Approximate Ricardian Equivalence
    IMF Staff Papers, 1997, 44, (3), 374-382 View citations (25)
    See also Working Paper (1996)
35. Is the Phillips Curve Really a Curve? Some Evidence for Canada, the United Kingdom, and the United States
    IMF Staff Papers, 1997, 44, (2), 249-282 View citations (91)
    See also Working Paper (1996)

1996

36. Asymmetry in the U.S. Output-Inflation Nexus
    IMF Staff Papers, 1996, 43, (1), 216-251 View citations (39)

1995

37. Asymmetric Effects of Economic Activity on Inflation: Evidence and Policy Implications
    IMF Staff Papers, 1995, 42, (2), 344-374 View citations (71)
    See also Working Paper (1994)

Chapters

2018

1. Mitigating the deadly embrace in financial cycles: Countercyclical buffers and loan-to-value limits
   Chapter 5 in Global Economic Modeling A Volume in Honor of Lawrence R. Klein, 2018, pp 90-111 View citations (9)
   See also Working Paper (2016)

2011

2. Sovereign Wealth Funds and Global Capital Flows: A Macroeconomic Perspective
   Chapter 3 in Sovereign Wealth The Role of State Capital in the New Financial Order, 2011, pp 21-42

2010

3. International Deflation Risks under Alternative Macroeconomic Policies
   A chapter in Sticky Prices and Inflation Dynamics (NBER-TCER-CEPR), 2010, pp 140-177 View citations (2)
   See also Journal Article in Journal of the Japanese and International Economies (2010)

2007

4. Smooth Landing or Crash? Model-Based Scenarios of Global Current Account Rebalancing
   A chapter in G7 Current Account Imbalances: Sustainability and Adjustment, 2007, pp 377-456 View citations (69)
   See also Working Paper (2005)
   Journal Article in Proceedings (2005)
5. Under What Conditions Can Inflation Targeting Be Adopted? The Experience of Emerging Markets
   Chapter 12 in Monetary Policy under Inflation Targeting, 2007, vol. 11, pp 467-506 View citations (103)
   See also Working Paper (2006)