La politique de ciblage d'inflation: fondements théoriques et validation empirique

The inflation targeting policy: theoretical and empirical validation

Olfa Chaouech ()

MPRA Paper from University Library of Munich, Germany

Abstract: Abstract Through a panel model, we studied the characteristics of the inflation targeting policy for a group of 15 developing countries. The data estimation shows that sensibility of monetary policy on inflation declined during the post-inflation targeting, without any detrimental effects on economic growth. Further uncertainty was reduced immediately after the adoption.

Keywords: Keywords: inflation targeting; economic Growth; developing countries; Panel (search for similar items in EconPapers)
JEL-codes: E0 E5 E52 (search for similar items in EconPapers)
Date: 2012-02-02, Revised 2014-12-19
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:60760

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