Inflation Targeting Does Not Matter: Another Look at OECD Sacrifice Ratios

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dc.contributor.authorBrito, Ricardo Dias de Oliveira
dc.coverage.cidadeColumbuspt_BR
dc.coverage.paisNão Informadopt_BR
dc.creatorBrito, Ricardo Dias de Oliveira
dc.date.accessioned2024-01-04T16:14:11Z
dc.date.available2024-01-04T16:14:11Z
dc.date.issued2010
dc.description.abstractRecently in this journal, Gonc ̧alves and Carvalho (2009) concluded thatinflation targeters were able to bring inflation down at less cost than non-targeters (p. 242). This comment shows that their conclusion is not robustbut instead is the result of comparing a particular subset of inflation tar-geting (IT) disinflations with nonsimultaneous disinflations that occurredunder very different macroeconomic conditions. In their sample, simple ex-tensions such as justifiably varying the treatment group of IT disinflations,to control for common time-varying effects or to control for the MaastrichtTreaty effects, suggest that IT does not matterpt_BR
dc.format.extentp. 1469-1715pt_BR
dc.format.mediumDigitalpt_BR
dc.identifier.doihttps://doi.org/10.1111/j.1538-4616.2010.00359.xpt_BR
dc.identifier.issn0022-2879pt_BR
dc.identifier.issn1538-4616pt_BR
dc.identifier.issue8pt_BR
dc.identifier.urihttps://repositorio.insper.edu.br/handle/11224/6290
dc.identifier.volume42pt_BR
dc.language.isoInglêspt_BR
dc.publisherOhio State University Presspt_BR
dc.relation.ispartofJournal of Money, Credit and Bankingpt_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 EDITOR.pt_BR
dc.subject.keywordsInflation targetingpt_BR
dc.subject.keywordssacrifice ratiopt_BR
dc.titleInflation Targeting Does Not Matter: Another Look at OECD Sacrifice Ratiospt_BR
dc.typejournal article
dspace.entity.typePublication
local.identifier.sourceUrihttps://onlinelibrary.wiley.com/doi/full/10.1111/j.1538-4616.2010.00359.x
local.subject.cnpqCiências Exatas e da Terrapt_BR
local.typeArtigo Científicopt_BR

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