Factors Leading to Inflation Targeting – The Impact of Adoption

This paper examines how the analysis of inflation targeting (IT) adoption is affected by allowing for a structural change after adoption, using panel probit models for 60 countries over the period 1985-2008. Our findings suggest that there is a structural change after IT adoption. Including the post-adoption period when estimating the factors of IT adoption leads to biased results when interested in the question as of what drives countries' decision to adopt IT

MoreLess

Year of publication:	2013
Authors:	SamarIna, Anna
Other Persons:	Sturm, Jan-Egbert (contributor)
Publisher:	[2013]: [S.l.] : SSRN
Subject:	Inflationssteuerung \| Inflation targeting \| Theorie \| Theory \| Inflation

freely available

Full text |

More access options

doi.org

Check Google Scholar

In German libraries (KVK)

I need help

Extent:	1 Online-Ressource (15 p)
Series:	KOF Working Papers ; No. 346
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments November 28, 2013 erstellt
Other identifiers:	10.2139/ssrn.2361009 [DOI]
Classification:	E42 - Monetary Systems; Standards; Regimes; Government and the Monetary System ; E52 - Monetary Policy (Targets, Instruments, and Effects)
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013072336