Fatás, Antonio; Mihov, Ilian; Rose, Andrew Kenan - 2021
systematically and robustly associated with lower inflation. The exact form of the monetary target matters somewhat (especially for …. Quantitative goals take three forms: exchange rates, money growth rates, and inflation targets. We analyze the effects on inflation … determinants of inflation (such as fiscal policy, the business cycle, and openness to international trade), and the endogeneity of …