Contents

Inflation Targeting in Developing Countries

Sohn, Wook / Gathogo, Anthony G

DC Field Value Language
dc.contributor.authorSohn, Wook-
dc.contributor.authorGathogo, Anthony G-
dc.date.available2018-12-27T05:28:21Z-
dc.date.created2018-01-22-
dc.date.issued2015-06-
dc.identifier.issn1468-1838-
dc.identifier.urihttps://archives.kdischool.ac.kr/11125/29832-
dc.description.abstractThis paper analyzes economic and institutional factors that affect the likelihood of adopting an inflation-targeting monetary policy regime in emerging markets and developing countries. We use a logit model for a sample that comprises both inflation-targeting and non-targeting countries for the period of 1990–2009. The results show that countries experiencing improved macroeconomic performance and stronger institutional stability have a high chance of switching to the inflation-targeting framework. In particular, central bank independence, as measured by governor turnover rate and legal independence, positively affects the decision to change regimes.-
dc.languageEnglish-
dc.publisherWorld Economics, 1 Ivory Square, Plantation Wharf, London, United Kingdom-
dc.titleInflation Targeting in Developing Countries-
dc.typeArticle-
dc.identifier.bibliographicCitationWorld Economics, v.16, no.2, pp.57 - 80-
dc.description.journalClass1-
dc.description.isOpenAccessN-
dc.citation.endPage80-
dc.citation.number2-
dc.citation.startPage57-
dc.citation.titleWorld Economics-
dc.citation.volume16-
dc.contributor.affiliatedAuthorSohn, Wook-
dc.identifier.urlhttps://www.world-economics-journal.com/Journal/Papers/Inflation%20Targeting%20in%20Developing%20Countries.details?ID=611-
dc.type.docTypenull-
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