Inflation Targeting: Experience and Implications in Advanced and Developing Economies Earlier Not Explored
Abstract
Inflation targeting (IT) influences advanced and developing economies differently. Conducting graphical and econometric analysis the Ineffectiveness in these two groups of countries was studied. Also the supposition about third-party factors that caused global disinflation was made. The article provides some explanation why some factors(institutional, economic and financial),distinguishing advanced and developing economies, reduce the effectiveness of the IT regime or even worsen some macroeconomic indicators due to IT implementation
Full Text: PDF DOI: 10.15640/jeds.v4n4a9
Abstract
Inflation targeting (IT) influences advanced and developing economies differently. Conducting graphical and econometric analysis the Ineffectiveness in these two groups of countries was studied. Also the supposition about third-party factors that caused global disinflation was made. The article provides some explanation why some factors(institutional, economic and financial),distinguishing advanced and developing economies, reduce the effectiveness of the IT regime or even worsen some macroeconomic indicators due to IT implementation
Full Text: PDF DOI: 10.15640/jeds.v4n4a9
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