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Inflation Targeting in Emerging Market Economies

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NBER2003-10-01 更新2025-01-04 收录
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This paper assesses inflation targeting in emerging market economies (EMEs), and develops applied prescriptions for the conduct of monetary policy and inflation-targeting design in EMEs. We verify that EMEs have faced more acute trade-offs higher output and inflation volatility and worse performance

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2003-10-01
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