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 …

determine the current inflation rate or price level. We conclude that the previous literature has either committed mathematical … involving infinity, we analyze inflation targeting (IT) in a typical rational-expectations, pure-exchange, general …

For Romania, the shift from monetary targeting toward inflation targeting was done under the influences of following … monetization. - A precondition of potential success in the case of inflation targeting was fulfilled - the improvement of taxes …

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 …

This paper appraises how countries with inflation targeting fared during the current crisis, with the goal of …

Proponents of inflation targeting suggest that countries using this tool understand better, their responsibility for … inflation. Fed Chair Ben Bernanke is a strong proponent of inflation targeting, conducting monetary policy to achieve an … announced target. This article discusses whether inflation targeting is necessary. …

becomes the rate of inflation itself, instead of any monetary aggregate or rate of interest. This paper is a conceptual …

The new Keynesian monetary policy model studies the response of the inflation – output gap trade-off to policy … inflation rate that coincides with the selected inflation target. A high inflation target has positive effects over the rise of … decisions, i.e., by considering a long term growth setup. The link between the two is present on the impact of inflation over …

inflation target regimes. We illustrate with data from selected developed and emerging countries with longest experience of … inflation targeting. …