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Lessons learned from Inflation Targeting

Author

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  • Abdelkader Aguir

    (BETA - Bureau d'Économie Théorique et Appliquée - INRA - Institut National de la Recherche Agronomique - UNISTRA - Université de Strasbourg - UL - Université de Lorraine - CNRS - Centre National de la Recherche Scientifique)

Abstract

This paper analyzes the policy of targeting inflation in emerging economies. More specifically, the development of this work aims to study the effectiveness and the performance of this strategy of monetary policy in the emerging economies. The analysis of the efficiency and performance of the inflation targeting policy of emerging economies performs well through a stable macroeconomic environment (GDP and inflation rate). The results show a significant difference in inflation performance and macroeconomic performance in an economic environment characterized by high volatility in macroeconomic indicators.

Suggested Citation

  • Abdelkader Aguir, 2017. "Lessons learned from Inflation Targeting," Post-Print hal-03791278, HAL.
    • Handle: RePEc:hal:journl:hal-03791278
    DOI: 10.6007/ijarems/v6-i2/2943
    Note: View the original document on HAL open archive server: https://hal.science/hal-03791278
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    References listed on IDEAS

    as
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    10. repec:ipg:wpaper:2014-099 is not listed on IDEAS
    11. Ghosh, Atish R. & Ostry, Jonathan D. & Chamon, Marcos, 2016. "Two targets, two instruments: Monetary and exchange rate policies in emerging market economies," Journal of International Money and Finance, Elsevier, vol. 60(C), pages 172-196.
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