-term interest rates. A rolling, reduced form, vector autoregression of interest rates, unemployment and inflation rates is employed … manner to unemployment and inflation innovations. However, when the group of inflation targeting countries are separately …

inflation combined with a free float seems to be the ultimate option. The paper shows how to design and operationalize such a …

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 …