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data of six emerging inflation targeting economies (Turkey, Brazil, the Czech Republic, Chile, Poland, and South Africa …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 …
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Measuring and monitoring inflation uncertainty is an essential ingredient of monetary policy analysis. This study … constructs survey measures of inflation uncertainty for the Turkish economy. Using density and point inflation forecasts in the … among forecasters. Our results suggest that survey-based inflation uncertainty measures are broadly consistent with market …
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