target than otherwise, for inflation rates in five inflation targeting countries (Australia, New Zealand, Sweden, United …This study empirically documents that inflation is significantly more persistent when it is below the central bank … States and the Euro- Area). The study uses a threshold autoregressive (TAR) model to test for asymmetry in inflation …

This paper surveys the empirical literature of dealing with the choice of inflation targeting (IT). Specifically, the …

This paper surveys the voluminous empirical literature of inflation targeting (IT). Specifically, the paper focuses on … effects of IT on macroeconomic performance (inflation expectations, inflation persistence, average inflation rate, inflation … convincing evidence that IT itself may serve as an effective tool for stabilizing inflation expectations and for reducing …

with the central issues in the present discussion on inflation targeting, such as the choice of price index to target, the … economists prepared the first practical guide to inflation targeting at the zero rate. The paper also considers the impact of the …

This paper considers average inflation targeting (AIT) policy in a New Keynesian model with adaptive learning agents … the low steady state with interest rates at the zero lower bound, AIT does not necessarily outperform standard inflation … that responds more aggressively to below-target average inflation. …

This paper investigates macroprudential policy effects on bank systemic risk and the role of inflation targeting in … further under inflation targeting. Our findings lend credence to the view that inflation targeting strengthens macroprudential …

This paper surveys the empirical literature of dealing with the choice of inflation targeting (IT). Specifically, the …

This paper examines the macroeconomic, financial, and institutional factors which affect the adoption of inflation …) during 1990- 2017. The main findings from our empirical investigation suggest that it is inflation and output growth … volatility rather than inflation and output which matters for the adoption of IT in EMEs. In addition, we provide evidence that …

In this paper, we study whether adopting Inflation Targeting (IT) in Emerging Market Economies (EMEs) affects the …, alternative definitions of disinflation episodes, different thresholds for high inflation, different peak levels of trend … inflation rate, across various specifications of the empirical model, as well as for both the entire sample and the sub …

We reassess the effects of contractionary monetary policy on income inequality by investigating whether inflation … shocks tend to increase disposable income inequality. However, this effect has decreased in countries that adopted inflation … targeting affects this nexus. Using data across the G12 economies from 1974 to 2019, we find that contractionary monetary policy …