Anderl, Christina; Caporale, Guglielmo Maria - 2023
, Switzerland), we find that monetary policy has become more averse to inflation and more responsive to the output gap in both sets … Moments (TVP-GMM) framework. Using monthly data until December 2022 for five inflation targeting countries (the UK, Canada … of countries over time. In particular, there has been a clear shift in inflation targeting countries towards a more …