Sobrino, Cesar R - In: Economics Bulletin 30 (2010) 2, pp. 1105-1112
investment and a fall in private savings. However, Rose (2007) reports very little association between current account and … inflation targeting. This paper examines the effect of inflation targeting on current account. The results show that, consistent … with economic theory, inflation targeting does negatively affect current account once global shocks have been properly …