Fatás, Antonio (contributor); Mihov, Ilian (contributor); … - 2006
We study empirically the macroeconomic effects of an explicit de jure quantitative goal for monetary policy … of both having a quantitative target, and of hitting a declared target; we also consider effects on output volatility … determinants of inflation (such as fiscal policy, the business cycle, and openness to international trade), and the endogeneity of …