Arestis, Philip; Caporale, Guglielmo Maria; Cipollini, … - 2004
We utilize a stochastic volatility model to analyse the possible effects of inflation targeting on the trade …, Australia, Canada, the UK, Sweden and Finland) might result in a more favourable monetary policy trade-off (except in Australia … and the 1990s; and second, the economic performance in the 1990s of targeting and non-targeting countries (the USA, Japan …