Inflation targeting in emerging economies: Panel evidence

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dc.contributor.authorBrito, Ricardo Dias de Oliveira
dc.contributor.authorBystedt, Brianne
dc.coverage.paisNão Informadopt_BR
dc.creatorBrito, Ricardo Dias de Oliveira
dc.creatorBystedt, Brianne
dc.date.accessioned2024-01-04T15:18:56Z
dc.date.available2024-01-04T15:18:56Z
dc.date.issued2010
dc.description.otherThis paper shows there is no evidence that the inflation targeting regime (IT) improves economic performance as measured by the behavior of inflation and output growth in developing countries. The control of common time effects results in less negative and less significant IT impacts on inflation, inflation volatility and output growth volatility than previously found in the literature. Additionally, our analysis shows robust evidence of lower output growth during IT adoption. On balance, although lower long-run mean inflation signals that the central banks of emerging economies with inflation targeting are more inflation-averse, the costs of disinflation have not been lower than under other monetary regimes.pt_BR
dc.format.extentp. 198-210pt_BR
dc.format.mediumDigitalpt_BR
dc.identifier.doihttps://doi.org/10.1016/j.jdeveco.2009.09.010pt_BR
dc.identifier.issn0304-3878pt_BR
dc.identifier.issue2pt_BR
dc.identifier.urihttps://repositorio.insper.edu.br/handle/11224/6286
dc.identifier.volume91pt_BR
dc.language.isoInglêspt_BR
dc.publisherElsevierpt_BR
dc.relation.ispartofJournal of Development Economicspt_BR
dc.rights.licenseO INSPER E ESTE REPOSITÓRIO NÃO DETÊM OS DIREITOS DE USO E REPRODUÇÃO DOS CONTEÚDOS AQUI REGISTRADOS. É RESPONSABILIDADE DO USUÁRIO VERIFICAR OS USOS PERMITIDOS NA FONTE ORIGINAL, RESPEITANDO-SE OS DIREITOS DE AUTOR OU EDITORpt_BR
dc.subject.keywordsInflation targetingpt_BR
dc.subject.keywordsInflationpt_BR
dc.subject.keywordsOutput growthpt_BR
dc.subject.keywordsEmerging economiespt_BR
dc.titleInflation targeting in emerging economies: Panel evidencept_BR
dc.typejournal article
dspace.entity.typePublication
local.identifier.sourceUrihttps://www.sciencedirect.com/science/article/pii/S030438780900100X
local.subject.cnpqCiências Exatas e da Terrapt_BR
local.typeArtigo Científicopt_BR

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