The paper shows the advantages and handicaps of implementing an inflation target (IT) regime, from a Post-Keynesian and …

This paper contributes to the vast literature on the predictive power of term structure about future inflation, by … important determinant of the relationship between term structure and inflation to the extent that even the existence of the … with the beginning of the implementation of an inflation targeting (IT) regime. While, before IT regime, the information in …

The economic and institutional structure required for successful adoption and implementation of Inflation Targeting (IT … and significant relationship between policy rate (monetary tool) and inflation measure (objective)? This bivariate … target inflation while working within the IT framework. To illustrate this relationship, we use Granger Causality test and …

loss in an inflation targeting small open economy under a pure commitment policy. Applying the intuition behind the … macroeconomic trilemma, I examine whether a more open capital market in an inflation targeting country improves the credibility of … capital openness leads to greater pass-through from the exchange rate to domestic inflation, which raises the marginal cost of …

Can the South African Reserve Bank’s (SARB) substantially control inflation within their set target of 3-6 percent? We … aggregated inflation data collected between 2003 and 2014. To this end, we employ the three-regime threshold autoregressive (TAR … for varying persistency within the autoregressive (AR) components of the inflation process. Our empirical explorations …

With the adoption of the Bangko Sentral ng Pilipinas (BSP) of the Inflation Targeting (IT) framework in 2002, average … inflation went down in the past decade from historical average. However, the BSP’s inflation targets were breached several times … high inflation in the Philippines. Episodes of high and low inflation were identified using Markov-switching models. Using …

as (forecasted) inflation and the output gap; however, the coefficients estimated with this approach are convolutions of …'s optimization problem within a small open economy. When we consider open economies in a regime of Inflation Targeting, the issue of …

regimes in the last fifteen years: either Inflation Targeting or fixed exchange rates. I apply several methods recently … polarization has indeed occurred from a de facto point of view. Using these approaches, I find that the move to Inflation Targeting …-European benchmark floaters. Inflation Targeters in Europe also seem to have put some weight on stabilization of the exchange rate vis à …

, India, Malaysia, Singapore and Pakistan). Using the methodology of Ball and Sheridan, firstly, behavior of inflation, output …This paper aims to measure and compare the economic performance of four Asian economies who adopted Inflation Targeting … (Indonesia, Philippines, South Korea and Thailand) against their six neighboring Asian non-targeting economies (China, Hong Kong …