Angeriz, Alvaro; Arestis, Philip - Money Macro and Finance Research Group - 2007
Inflation Targeting. Applying Intervention Analysis to multivariate Structural Time Series models, new empirical evidence is … produced in the case of a number of OECD countries,. These results demonstrate that although Inflation Targeting has gone hand …-in hand with low inflation, the strategy was introduced well after inflation had begun its downward trend. But, then …