Inflation targeting (IT) has become the dominant monetary policy framework around the world and most of the countries … member countries' readiness to adopt inflation targeting regime as recommended by the Authority of Heads of State and … dominance, weak fiscal positions, and external shocks which impaired its ability to sustainably subdue inflation to the desired …

-fledged inflation targeting (FFIT) as the main monetary policy framework to anchor inflation. In this paper, we explore the FFIT regime … as a means for Mauritius to achieve stable inflation, anchor inflationary expectations and establish credibility in …

This paper considers the performance of average inflation targeting (AIT) policy in a New Keynesian model with adaptive … inflation targeting policy. Policymakers can improve outcomes under AIT by (i) targeting a discounted average of inflation, or …

vitiates any use of the core CPI for monetary policy including inflation targeting. This will-o’-wisp that the RBI chased, had …. “Rents” in the CPI have jumped up by as much as 35% in certain quarters, hugely overestimating the true inflation. This …

The purpose of the paper is to survey and discuss inflation targeting in the context of monetary policy rules. The … of inflation targeting, compares inflation targeting to other monetary policy rules, and draws some conclusions for the …

Inflation targeting offers the promise of introducing to monetary policy a logic and consistency that some central …, inflation targeting also serves two further objectives that are of more questionable import, and while seemingly contradictory … vocabulary pertaining solely to inflation, inflation targeting fosters over time the atrophication of concerns for real outcomes …

value of government debt, generating the anticipation of higher future inflation to stabilise real debt. Higher inflation …

This paper considers whether 'liquidity trap' issues have important bearing on the desirability of inflation targeting … 'indeterminacy' dangers are created by variants of inflation targeting, the latter when forecasts of future inflation enter the … variable can still be the inflation rate …

One decade of inflation targeting in the world offers lessons on the design and implementation of inflation targeting …, the conduct of monetary policy, and country performance under inflation targeting. This paper reviews briefly the main … design features of 18 inflation targeting experiences, analyzes statistically if countries under inflation targeting are …

This paper examines the inflation targeting experience in three transition countries: the Czech Republic, Poland and … with disinflation. A key lesson from the experience of the inflation targeting transition countries is that economic … the inflation target as much as avoiding overshoots. Also economic performance will be enhanced if inflation targeting …