sector inflation expectations has become an essential channel through which this goal is achieved. This evaluation aims to … improve the understanding of how the sensitivity of private sector inflation expectations to macroeconomic surprises in South … anchoring inflation expectations. If a central bank is credible, the financial markets should react less sensitively to …

This study addresses the potential trade-off between inflation and exchange rate targeting in former transition … (EMU). Among this group of countries, some implemented inflation targeting regimes. These countries may face increasing …). Against this background, the study analyzes the choice of inflation targets using panel data techniques (Chapter 2), the (de …

of an intertemporal loss function containing a central bank’s final targets output and inflation. We explicitly model the …

to inflation targeting as their monetary policy. This paper serves as a survey of the experiences of emerging countries … in adoption to inflation targeting. In view of the recent successful experience of some emerging economies, the paper … focuses on inflation targeting as a choice of policy regime for Pakistan. The discussion and analysis in this paper suggests …

could lead to a sustainable economic growth. Inflation targeting has become one of these policy alternatives and has …-condition for the success of inflation-targeting is to identify the leading indicators of inflation and develop a model to … reasonably forecast inflation. This is the main objective of this paper. Besides an overview of the experience, the main focus of …

Replaced with revised version of paper 11/17/06. Former title: Forecasting Food Price Inflation, Challenges for Central … Banks in Developing Countries using an Inflation Targeting Framework: the Case of Colombia …Many developing countries are adopting inflation targeting regimes to guide monetary policy decisions. In such …

recently in the adoption of an inflation targeting approach through the institutional mechanism of CBI (Central Bank … Independence). Cross-country empirics have repeatedly confirmed the stylized fact that high CBI delivers low inflation. This study … covers new ground by using time-series techniques to test the nexus between CBI and inflation using Australian quarterly time …

for a small open NE committed to inflation targeting. …

The paper examines the inflation targeting regime in the context of transition economies. Recent years have witnessed … an increasing number of central banks in these countries moving towards the implementation of inflation targeting regimes … experience in a number of transition economies has shown so far, targeting inflation is not an easy task. The ongoing …