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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.

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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.

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