Monetary Policy and Inflation Expectations in Latin America: Long-run Effects and Volatility Spillovers
收藏Organisation for Economic Co-operation and Development2026-04-11 收录
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资源简介：
The current monetary policy framework in several Latin American countries, combining inflation targeting and
a floating exchange-rate regime, has contributed to disinflation by anchoring expectations around low, stable
levels. This paper uses co-integration analysis to estimate simultaneously a monetary reaction function and the
determinants of...
