Fang, Wen-shwo (contributor); Miller, Stephen M. (contributor) - 2007
Keywords: inflation, inflation variability, inflation targeting, threshold effects,
quantile regression
1. Introduction … substantially less
volatile, as a pattern across many countries. Three, inflation targeting became an increasingly
popular … lower volatility exist in
inflation-targeting countries (Mishkin 1999, King 2002, Mishkin and Schmidt-Hebbel 2007). Our …