Lessons learned from Inflation Targeting
Abdelkader Aguir ()
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Abdelkader Aguir: BETA - Bureau d'Économie Théorique et Appliquée - INRA - Institut National de la Recherche Agronomique - UNISTRA - Université de Strasbourg - UL - Université de Lorraine - CNRS - Centre National de la Recherche Scientifique
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Abstract:
This paper analyzes the policy of targeting inflation in emerging economies. More specifically, the development of this work aims to study the effectiveness and the performance of this strategy of monetary policy in the emerging economies. The analysis of the efficiency and performance of the inflation targeting policy of emerging economies performs well through a stable macroeconomic environment (GDP and inflation rate). The results show a significant difference in inflation performance and macroeconomic performance in an economic environment characterized by high volatility in macroeconomic indicators.
Keywords: Inflation Targeting; Emerging Economies; Stability (search for similar items in EconPapers)
Date: 2017-06-28
Note: View the original document on HAL open archive server: https://hal.science/hal-03791278v1
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Published in International Journal of Academic Research in Economics and Management Sciences, 2017, 6, pp.193-200. ⟨10.6007/ijarems/v6-i2/2943⟩
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-03791278
DOI: 10.6007/ijarems/v6-i2/2943
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