Year: 2006
Type: article
Abstract: Ten years of empirical studies of inflation targeting have not uncovered clear evidence that monetary policy that incorporates formal targets imparts better inflation performance. The authors survey the literature and find that the “no difference” verdict concerning inflation targeting has been robust to a wide range of countries and methods of analysis, starting with a study by Dueker and Fischer (1996a).
Authors: Michael J. Dueker, Andreas M. Fischer
Institution: Federal Reserve Bank of St. Louis
Language: English
Domain: Social Sciences
Open Access status: gold
OpenAlex ID: W1481638011