Emerging economies with inflation targets (IT) face a dilemma between fulfilling the theoretical conditions of "strict …

Political Science on June 4th. It starts by asking what factors have been behind the remarkable retreat of inflation that has …

stable rates inflation in many countries in the nineties. Consequently, the main goal of this paper is to offer an overview … of the main policy issues arising in a low inflation environment and their practical relevance so as to identify the main …

During the 1970s and early 1980s, Spain suffered high rates of inflation but inflation declined and by 1997 inflation … had fallen to approximately 2 percent. To fight inflation, Spain implemented austere monetary programs, joined the EMS in … 1989, enacted central bank autonomy in 1994, and introduced inflation targets in January 1995. Certainly, these and other …

supply shocks, we investigate the feasibility of making imprecise credible announcements concerning the rate of inflation. …

Inflation-linked bond markets have experienced significant growth in recent years. This growth is somewhat surprising …, for inflation-linked bonds cannot be considered a financial innovation and their development has taken place in a period … of historically low global inflation and inflation expectations. In this context, the purpose of this paper is twofold …