Anderl, Christina; Caporale, Guglielmo Maria - 2021
January 1993 to December 2020 for five inflation-targeting countries (the UK, Canada, Australia, New Zealand and Sweden) and … speed is twice as fast when deviations are small and the credibility of the central bank is higher. Third, inflation … of Taylor rule deviations under alternative monetary policy frameworks. The analysis is conducted using monthly data from …