Résultats empiriques multi-pays relatifs à l'impact des cibles d'inflation sur la crédibilité de la politique monétaire
Pierre St-Amant () and
Canadian Public Policy, 2000, vol. 26, issue 3, 295-310
In this article, we discuss the recent literature analyzing the experience of countries having adopted inflation targets and provide some simple statistical tests for determining the link between the adoption of inflation targets and the credibility of monetary policy. The literature survey and empirical results lead us to conclude that certain statistical properties of inflation may have changed in recent years, and that monetary policy seems to have become more credible in a number of countries, including Canada. Yet the available data do not allow us to conclude with any certainty that explicit inflation targets have played a significant role in these changes.
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8) Track citations by RSS feed
Downloads: (external link)
http://links.jstor.org/sici?sici=0317-0861%2820000 ... EMRAL%3E2.0.CO%3B2-I (text/html)
only available to JSTOR subscribers
Working Paper: Résultats empiriques multi-pays relatifs à l'impact des cibles d'inflation sur la crédibilité de la politique monétaire (1998)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:cpp:issued:v:26:y:2000:i:3:p:295-310
Ordering information: This journal article can be ordered from
Access Statistics for this article
Canadian Public Policy is currently edited by Prof. Mike Veall
More articles in Canadian Public Policy from University of Toronto Press University of Toronto Press Journals Division 5201 Dufferin Street Toronto, Ontario, Canada M3H 5T8.
Bibliographic data for series maintained by Prof. Werner Antweiler ().