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Is Inflation Targeting Still On Target?

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NBER2012-11-01 更新2025-01-04 收录
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https://www.nber.org/papers/w18570
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This paper reviews the recent experience of a half-dozen Latin American inflation-targeting (IT) nations. We document repeated and large deviations from the standard IT framework: exchange market interventions have been lasting and widespread; the real exchange rate has often become a target of
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2012-11-01
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