Most emerging market central banks have adopted inflation targeting as their monetary policy system. The heart of … inflation targeting system is inflation expectations. The success of a central bank in achieving targets depends on to the … data of six emerging inflation targeting economies (Turkey, Brazil, the Czech Republic, Chile, Poland, and South Africa …

, in a strict inflation targeting regime the use of forward-looking data leads to a lower quality of monetary policymaking … especially in a strict inflation targeting regime. …

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 …

Inflation targeting is implemented in different ways – most often by adopting point targets, by having tolerance bands …

We evaluate and compare alternative monetary policy rules, namely average inflation targeting, price level targeting …, and traditional inflation targeting rules, in a standard New Keynesian model that features recurring, transient zero lower … promotes determinacy and E-stability among the policy frameworks, whereas standard inflation targeting rules are prone to …