of Inflation Targeting. We start applying methodologies developed by Calvo and Reinhart (2002) and Ball and Reyes (2004 …, 2008) to check the probabilities of changes in exchange rate and monetary policy instruments before and after inflation … exchange rate shocks before and after inflation targeting regime. VAR model helps to understand the impacts of switch in …

conclusions include: (1) There is little evidence that inflation targeting affects performance in advanced economies, but some …

rate regime (1973 - 1992) and the inflation targeting regime (1993 - 2022). Inflation in Sweden has been more stable under … the inflation targeting regime than under both the Bretton Woods system, and the pegged-but-adjustable exchange rate … regime. GDP growth was higher and more stable during the Bretton Woods System. We argue that inflation targeting was …

We study the characteristics of inflation targeting as a shock absorber, using quarterly data for a large panel of … natural disasters. We find that inflation targeting improves macroeconomic performance following such exogenous shocks. It … lowers inflation, raises output growth, and reduces inflation and growth variability compared to alternative monetary regimes …

. Specifically, we estimate a series of simple models to measure the impact of inflation targeting on the dispersion of private … sector forecasts of inflation. Using a panel data set that includes 15 countries over 20 years we find no convincing evidence … that adopting an inflation targeting regime leads to a reduction in the dispersion of private sector forecasts of inflation …

This BIS Paper discusses lessons provided by the global financial crisis for inflation targeting and financial …

This paper proposes new measures of the effectiveness of inflation targeting (IT) and evaluates its main drivers in a … methods, we find that IT has heterogeneous effects on inflation across countries. The gains shifting the level of inflation … out of three economies approximately. Second, statistically significant differences in keeping inflation close to target …

In this paper, we empirically examine the effect of inflation targeting on the exchange rate pass-through to prices in … inflation targeters and twelve inflation nontargeters). Our evidence suggests that inflation targeting in emerging countries … the contribution of exchange rate shocks to price fluctuations in emerging targeters declines after adopting inflation …