macroeconomic implications under Mexico's inflation-targeting regime. The results indicate a significant and positive link between … following the formal adoption of inflation targeting. These findings suggest that, while Mexico has achieved price stability … literature by reassessing the effectiveness of inflation targeting in an increasingly globalized and volatile environment …

This paper proposes that the South African Reserve Bank should pursue a 3% inflation target, instead of the current 4 ….5% midpoint of a 3%-to-6% target range. Doing so may also result in lower inflation volatility, thereby reducing nominal exchange … analysis shows that since the global financial crisis, periods of higher inflation volatility are much shorter. Thus, inflation …

In this paper, we propose a novel approach to classifying inflation-targeting (IT) economies based on fractionally … of inflation rate series to identify four de facto IT strategies, or ‘shades’ of IT. Moving from negative orders of …

inflation targeting as an alternative monetary policy framework to achieve the principal goal of monetary policy - price … the Central Bank of Nigeria to an inflation-targeting institution. First, we suggest either of the following bands for … (headline) inflation targeting: 10.56-13.14%, 13.46-14.70%, or 10.90-16.47%, while the Bank can also keep a close watch on food …

This paper presents a primer on assessing South Africa’s optimal inflation target and the implications of the economy … inflation target without imposing a disproportionate cost on the economy. The main finding is that there needs to be supportive … fiscal policy aimed at reducing South Africa’s debt burden and government policies that reduce inflation pressures. This will …

result of adopting the inflation targeting regime in India. We use state-level variation in inflation and inflation … sensitivity of growth to monetary policy shocks increases in response to inflation targeting as a result of changing real rates …. Consequently, inflation also responds more to monetary policy shocks under the inflation-targeting regime. Inflation expectations …