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Does Inflation Targeting Matter?

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NBER2003-03-01 更新2025-01-04 收录
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This paper asks whether inflation targeting improves economic performance, as measured by the behavior of inflation, output, and interest rates. We compare seven OECD countries that adopted inflation targeting in the early 1990s to thirteen that did not. After the early 90s, performance improved

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2003-03-01
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