Factors Leading to Inflation Targeting
The Impact of Adoption
Open access
Date
2013-11Type
- Working Paper
ETH Bibliography
yes
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Abstract
This paper examines how the analysis of inflation targeting (IT) adoption is affected by allowing for a structural change after adoption, using panel probit models for 60 countries over the period 1985-2008. Our findings suggest that there is a structural change after IT adoption. Including the pos Show more
Permanent link
https://doi.org/10.3929/ethz-a-010019326Publication status
publishedJournal / series
KOF Working PapersVolume
Publisher
KOF Swiss Economic Institute, ETH ZurichSubject
MONETARY POLICY; ECONOMIC ANALYSIS; Panel probit; INFLATION; WIRTSCHAFTSSTRUKTURÄNDERUNGEN (WIRTSCHAFTSWISSENSCHAFTEN); Inflation targeting; WIRTSCHAFTLICHKEITSANALYSE; GELDPOLITIK; ECONOMIC STRUCTURAL CHANGES (ECONOMICS)Organisational unit
03716 - Sturm, Jan-Egbert / Sturm, Jan-Egbert
02525 - KOF Konjunkturforschungsstelle / KOF Swiss Economic Institute
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ETH Bibliography
yes
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