Inflation Targeting (IT) has become a prevalent monetary policy framework in the past three decades, as more central … countries and emerging markets economies, this paper evaluates the effects of inflation targeting countries' track records on … targeting track record measures and establishes new stylized facts on the heterogeneity of inflation targeting countries …

reduce the probability of a crisis and increase welfare by departing from strict inflation targeting and responding …

average inflation targeting (AIT). Inflation expectations significantly increase for the treated individuals. When provided …

In his 2004 inflation targeting manifesto, Marvin Goodfriend described US monetary policy as implicit inflation …, no conflict arises between flexible inflation targeting and maintaining/accumulating credibility. Second, implicit … targeting and advocated explicit targeting. Summarizing the 1965-2000 US inflation experience, he highlighted the importance of …