Growth effects of inflation targeting revisited: empirical evidence from emerging markets

Beldi Amira, Djelassi Mouldi and Mete Feridun

No 8897, Greenwich Papers in Political Economy from University of Greenwich, Greenwich Political Economy Research Centre

Abstract: This study investigates the impact of Inflation Targeting (IT) on real economic growth and real economic growth volatility for a panel of 36 emerging economies from 1979 to 2009. The results suggest that although IT regime results in higher economic growth, it does not necessarily guarantee a more stable growth rate.

Keywords: inflation targeting; economic growth (search for similar items in EconPapers)
Date: 2012-09-13
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Published in Applied Economics Letters 6.20(2012): pp. 587-591

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Journal Article: Growth effects of inflation targeting revisited: empirical evidence from emerging markets (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:gpe:wpaper:8897

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