Central Bank Performance under Inflation Targeting

Marc-André Gosselin
Additional contact information
Marc-André Gosselin: Bank of Canada, https://www.bankofcanada.ca/

Bank of Canada Review, 2007, vol. 2007-2008, issue Winter, 17-27

Abstract: Gosselin examines and reports on the various factors that contribute to successful inflation targeting. Using a panel of 21 inflation-targeting countries over the period 1990Q1-2007Q2, Gosselin finds that the ability of central banks to hit their targets varies considerably. Some of these differences can be explained by exchange rate fluctuations, fiscal deficits, and differences in financial development. Others are explained by differences in the targeting framework itself and the manner in which it is implemented.

Date: 2007
References: Add references at CitEc
Citations: View citations in EconPapers (10)

Downloads: (external link)
https://www.bankofcanada.ca/wp-content/uploads/2010/06/gosselin.pdf full text (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bca:bcarev:v:2008:y:2008:i:winter07-08:p:17-27

Access Statistics for this article

More articles in Bank of Canada Review from Bank of Canada 234 Wellington Street, Ottawa, Ontario, K1A 0G9, Canada. Contact information at EDIRC.
Bibliographic data for series maintained by ().