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La politique de ciblage d'inflation: fondements théoriques et validation empirique
[The inflation targeting policy: theoretical and empirical validation]

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  • Chaouech, Olfa

Abstract

Through a panel model, we studied the characteristics of the inflation targeting policy for a group of 15 developing countries. The data estimation shows that sensibility of monetary policy on inflation declined during the post-inflation targeting, without any detrimental effects on economic growth. Further uncertainty was reduced immediately after the adoption.

Suggested Citation

  • Chaouech, Olfa, 2012. "La politique de ciblage d'inflation: fondements théoriques et validation empirique [The inflation targeting policy: theoretical and empirical validation]," MPRA Paper 60760, University Library of Munich, Germany, revised 19 Dec 2014.
    • Handle: RePEc:pra:mprapa:60760
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    Keywords: inflation targeting; economic Growth; developing countries; Panel;
    All these keywords.

    JEL classification:

    • E0 - Macroeconomics and Monetary Economics - - General
    • E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy

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