La politique de ciblage d'inflation: fondements théoriques et validation empirique

Chaouech, Olfa (2012): La politique de ciblage d'inflation: fondements théoriques et validation empirique.

Abstract

Abstract Through a panel model, we studied the characteristics of the inflation targeting policy for a group of 15 developing countries. The data estimation shows that sensibility of monetary policy on inflation declined during the post-inflation targeting, without any detrimental effects on economic growth. Further uncertainty was reduced immediately after the adoption.

• Item Type: MPRA Paper
• English Title: The inflation targeting policy: theoretical and empirical validation
• Language: French
• Keywords: Keywords: inflation targeting, economic Growth, developing countries, Panel
• Subjects: E - Macroeconomics and Monetary Economics > E0 - General; E - Macroeconomics and Monetary Economics > E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit; E - Macroeconomics and Monetary Economics > E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit > E52 - Monetary Policy

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