with inflation targeting, characterized by relocation shocks for young agents, which in turn generates a role for money … productive in our model, a higher inflation-target would translate into higher growth, but under multiple equilibria, this is not …

This paper provides an assessment of India’s inflation-targeting regime. It shows that the Reserve Bank of India is … transition to inflation-targeting; to the contrary, adjusting for inflation and the output gap, policy rates became lower, not … inflation expectations, indicative of improved anti-inflation credibility. The question is whether the shift to inflation-targeting …

We investigate the motives inflation-targeting central banks in emerging markets may have for intervening in foreign … impact may be smaller than often assumed-at least for the set of more sophisticated inflation-targeting emerging …

have fully established inflation targeting. An optimal monetary rule is estimated for these economies using the Generalized …

attributes in a policy evaluation of Inflation Targeting. The paper offers a potential outcomes analysis of the impact of … inflation targeting on inflation and inflation volatility, and focuses on advanced economies that adopt inflation targeting as a … distribution of inflation and its variability. It is found that the adoption of inflation targeting has helped lower inflation (not …

burgeoning literature on inflation targeting. He next reviews some aspects of performance since the Bank's independence and … the adoption of an inflation target in 1992 and the subsequent development of the regime, in particular the delegation of …