monetary and fiscal policy regimes. AITfeatures an inflation makeup under the monetary regime, but not under thefiscal regime … regime by shortening theduration of the ZLB through expected inflation makeup. Under the fiscalregime, AIT has a nonlinear … effect on fiscal multipliers because of theabsence of inflation makeup and the presence of a nominal wealth effect …

The objective of this study is to enhance the understanding of inflation targeting tools, which can aid in the … development of effective inflation targeting policies in the context of global trends exposure. The current paradigm of … policies, including inflation targeting, full employment, and financial stability, while accounting for the impact of global …

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 …

existence of an inflation targeting regime has important associative as well as causal relationships with policy rates …