Several European countries adopted inflation targeting as a monetary policy strategy during the 1990s. We evaluate the impact of the establishment of this policy framework on the dynamics of inflation for three countries: United Kingdom, Spain and Finland. We find that inflation targeting was...

Public sector corruption affects economic and financial outcomes, such as GDP growth, foreign direct investment, and government funding costs. Less is known about the spillovers from perceptions of public sector corruption on the private sector corporate bond market. In this paper, we assess the...