In Africa, a number of countries like South Africa have adopted inflation targeting. In Nigeria, different monetary … policy regimes have been adopted over the years with rather unsatisfactory success. This study examines inflation targeting … 2016. The study unravels evidence of a significant response of inflation and squared inflation to policy interest rates in …

the Generalized Dynamic Factor model to develop a set of core inflation indicators that, combining national data with area …

, however, is the incompleteness of its reform process: the boom-bust nature of its growth, persistently high inflation, delays …, to reduce inflation to single digits by the end of 2002. Since then, though, Turkey has experienced two financial crises … and redesigned its stabilization program to bring inflation down more gradually. This collection analyzes the nature of …

information provided by a Taylor rule model in which real time expected inflation and output are used. We use five indicators of …

inflation stabilization and balanced growth objectives. The challenge in meeting these objectives further increased in the mid …