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systematically understated. The effect rests on overstated inflation estimates due to imputed prices for disappearing goods and …
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published data. The underlying effect rests on overstated inflation estimates due to imputed prices for disappearing products …
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published data. The underlying effect rests on overstated inflation estimates due to imputed prices for disappearing goods and …
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This paper evaluates the success of Inflation Targeting on inflation and growth on a large panel data set of both … evidence to show that the support for a successful Inflation Targeting policy is very weak or non-existent. We use various … the process by which inflation targeting is hypothesised to influence inflation and growth, Section 3 surveys this …
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with inflation targeting, characterized by relocation shocks for young agents, which in turn generates a role for money … productive in our model, a higher inflation-target would translate into higher growth, but under multiple equilibria, this is not …
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