In Africa, a number of countries like South Africa have adopted inflation targeting. In Nigeria, different monetary … policy regimes have been adopted over the years with rather unsatisfactory success. This study examines inflation targeting … 2016. The study unravels evidence of a significant response of inflation and squared inflation to policy interest rates in …

In Africa, a number of countries like South Africa have adopted inflation targeting. In Nigeria, different monetary … policy regimes have been adopted over the years with rather unsatisfactory success. This study examines inflation targeting … 2016. The study unravels evidence of a significant response of inflation and squared inflation to policy interest rates in …

Several countries around the world have adopted the inflation targeting regime for monetary policy. Despite the growing … adopting inflation targeting. This working paper examines the extent to which macroeconomic policies anchored to inflation … targeting affect unemployment, economic growth and the output gap. The results show that inflation targeting causes no harm to …