The popularity of inflation targeting has risen in the last decade and the number of countries that adopted inflation … targeting as their monetary policy framework surpassed 40 by the end of 2016. This study analyzes whether inflation targeting … around the world has been successful in terms of achieving the announced target and keeping inflation rate around it. We …

Using a disaggregated-level CPI data, this paper compares convergence properties of regional inflation rates in a small …-open economy, Turkey, between pre-inflation-targeting and inflation-targeting periods, where the latter also corresponds to a … flexible exchange rate regime. It is found that during the inflation-targeting period, Turkish regional inflation rates have …