This paper analyzes the time-varying degree of inflation expectations anchoring in Bolivia and, more precisely, whether … inflation expectations have been in line with the inflation objectives announced by the Central Bank of Bolivia (BCB, for its … and medium-term inflation expectations. Second, monetary policy in Bolivia is under a monetary-targeting regime, so BCB …

responds to inflation and output volatility, especially during economic crises. This framework offers a promising alternative …

of past experience and international best practices. It confirms that food inflation has been the driver of domestic … inflation. The paper studies the recommendations of the Urjit Patel Committee and comments that monetary policies predominantly … focussed on inflation targeting may not necessarily be effective in India where inflation and inflationary expectations …

targets (inflation and output gap) are forward-looking variables in the new-Keynesian theory …

crawling peg exchange rate regimes, Colombia adopted a full-fledged inflation-targeting (IT) regime in 1999, with inflation as …

inflation and not enough to spreads,and yield larger fluctuations in response to risk shocks. Reaction curves display shifts …

indicator for future inflation, therefore being only instrumental (to stabilize inflation) rather than important per se. …

. inflation anchoring properties. This layout is then confronted with the policy framework in use in the euro area prior to the … dis-anchoring of long-term inflation expectations experienced in the euro area since 2013, however, suggests that the … policy framework could benefit from a rebalancing towards a formulation with stronger anchoring properties. The inflation aim …

Inflation targeting has been adopted in a set of emerging economies, including eight countries in Latin America. The … take appropriate actions if the target is breached. This paper exploits a database of inflation expectations and attempts … to measure whether, for a set of inflation targeters in Latin America, expectations are well anchored. A tighter …