The objective of this paper is to test empirical validity of Fear of Floating hypothesis for Turkey after the adoption … 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 …

Following a period of disinflation during the 1990s and early 2000s, inflation in emerging markets has remained … inflation performance in a sample of 19 large emerging markets in the past couple of decades and quantify the impact of domestic … and global factors in determining inflation. We document that thelevel, volatility, and persistence of inflation declined …

Following a period of disinflation during the 1990s and early 2000s, inflation in emerging markets has remained … inflation performance in a sample of 19 large emerging markets in the past couple of decades and quantify the impact of domestic … and global factors in determining inflation. We document that the level, volatility, and persistence of inflation declined …