Since the early 1990s, a number of countries have adopted Inflation Targeting (IT) in an effort to reduce inflation …

(operative under ‘normal’ circumstances) to anchor inflation expectations over the long run, but designed with enough flexibility … ‘rules versus discretion’ has, thus, reappeared as the synthesis of ‘rules cum discretion’, in essence as inflation …

(operative under ‘normal’ circumstances) to anchor inflation expectations over the long run, but designed with enough flexibility … ‘rules versus discretion’ has, thus, reappeared as the synthesis of ‘rules cum discretion’, in essence as inflation …

The purpose of this paper is to examine inflation targeting (IT) in emerging countries by concentrating essentially on … of this paper is on Brazil, which began inflation targeting in 1999, we also examine the experience of other countries … in the fight against inflation. …

theoretical framework upon which the inflation targeting element of monetary policy is firmly based. This paper discusses these … keeping UK inflation rates within the targets set by HM Treasury. However, a number of problematic issues are highlighted and …

between interest rates and inflation. We employ a Markov regime-switching structural VAR (MRS-SVAR) to investigate whether the …

effects on inflation, exchange rate and financial stability. It also discusses how the regulatory role of the ECB should be … Macroeconomics and its policy implications, namely inflation targeting. Problems with the current EMU arrangements are then discussed …

countries have adopted the New Consensus Monetary Policy since the early 1990s in an attempt to reduce inflation to low levels … the central bank. The objective of these rules is to achieve specific, or a range of, inflation targets … framework -- 10. The experience of inflation targeting since 1993 -- 11. Reflections on the Bank of Canada's monetary policy …