Using survey data of inflation expectations across a 36 developed and developing countries, this paper examines whether … the adoption of inflation targeting has helped to anchor inflation expectations. We examine the response of inflation … expectations following a shock to inflation, inflation expectations, and oil prices. For the 13 countries that adopted inflation …

situation poses to price stability. We propose to regard the central banker as a risk manager who aims to contain inflation … forecast the risks of worldwide deflation for horizons of up to two years. Although recently fears of worldwide deflation have … increased, we find that, as of September 2002, with the exception of Japan, there is no evidence of substantial deflation risks …

The welfare state was created after 1950 with counterproductive mechanisms and this caused high inflation and high …

gradually adopted new monetary regimes with more or less emphasis on the exchange rate, inflation and growth targets. This study … analyses the economic background of the choice of monetary regime in these countries and their success in curbing inflation. A … (2008) - provides evidence of inflation targeting as being an effective policy to reduce inflation, however, reveals biased …