Factors Leading to Inflation Targeting

The Impact of Adoption
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Author
Sturm, Jan-Egbert
Samarina, Anna
Date
2013-11
Type
    Working Paper
Rights / license
In Copyright - Non-Commercial Use Permitted
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-010019326
Publication status
published
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Journal / series
KOF Working Papers
Volume
346
Publisher
KOF Swiss Economic Institute, ETH Zurich
Subject
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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