Inflation targeting has been adopted in a set of emerging economies, including eight countries in Latin America. The … take appropriate actions if the target is breached. This paper exploits a database of inflation expectations and attempts … to measure whether, for a set of inflation targeters in Latin America, expectations are well anchored. A tighter …

Recent literature suggests that the co-movement of inflation is rather strong across countries. We use a factor model … according to their inflation history. Results indicate that the monetary policy regime is a very important source of the … the Hungarian inflation. We find that Hungary, similar to other countries in the region, experienced a disinflation period …

: output growth, the global term spread and an inflation climate measure. The common stochastic trend of the global economy is …