IDEAS home Printed from
   My authors  Follow this author

Gill Mary Simona Hammond

Personal Details

First Name:Gill
Middle Name:Mary Simona
Last Name:Hammond
RePEc Short-ID:pha1041
[This author has chosen not to make the email address public]


Bank of England

London, United Kingdom

: +44 (0)20 3461 4878
+44 (0)20 3461 4771
Threadneedle Street, London EC2R 8AH
RePEc:edi:boegvuk (more details at EDIRC)

Research output

Jump to: Working papers Chapters Books

Working papers

  1. Hammond, Gill & Kanbur, Ravi & Prasad, Eswar, 2009. "Monetary Policy Challenges for Emerging Market Economies," Working Papers 48925, Cornell University, Department of Applied Economics and Management.


  1. Gill Hammond & Ravi Kanbur & Eswar Prasad, 2009. "Monetary Policy Challenges for Emerging Market Economies," Chapters, in: Gill Hammond & Ravi Kanbur & Eswar Prasad (ed.), Monetary Policy Frameworks for Emerging Markets, chapter 1, Edward Elgar Publishing.


  1. Gill Hammond, 2012. "State of the art of inflation targeting," Handbooks, Centre for Central Banking Studies, Bank of England, edition 4, number 29.
  2. Gill Hammond & Ravi Kanbur & Eswar Prasad (ed.), 2009. "Monetary Policy Frameworks for Emerging Markets," Books, Edward Elgar Publishing, number 13504.


Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.

Working papers

  1. Hammond, Gill & Kanbur, Ravi & Prasad, Eswar, 2009. "Monetary Policy Challenges for Emerging Market Economies," Working Papers 48925, Cornell University, Department of Applied Economics and Management.

    Cited by:

    1. Vipul Bhatt & Amr Hosny & N. Kundan Kishor, 2017. "The Dynamic Behaviour of Implicit Inflation Targets for ‘Inflation Targeting Lite’ Economies," The Economic Record, The Economic Society of Australia, vol. 93(300), pages 67-88, March.
    2. Khou, Vouthy. & Cheng, Oudom. & Leng, Soklong. & Meng, Channarith., 2015. "Role of the Central Bank in supporting economic diversification and productive employment in Cambodia," ILO Working Papers 994878923402676, International Labour Organization.
    3. Alexandru TRIFU & Ina CROITORU, 2013. "Workforce/Manpower, Determining Factor Of Production Within A Firm," Business Excellence and Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 3(4), pages 70-83, December.
    4. Amr Sadek HOSNY, 2014. "Is Monetary Policy in Egypt Backward or Forward-Looking?," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 14(2).
    5. Gregor Heinrich, 2010. "El fortalecimiento institucional de los bancos centrales," Boletín, Centro de Estudios Monetarios Latinoamericanos, CEMLA, vol. 0(1), pages 18-27, Enero-mar.
    6. Jagjit Chadha & Young-Kwan Kang, 2016. "Finance and Credit in a Model of Monetary Policy," National Institute of Economic and Social Research (NIESR) Discussion Papers 471, National Institute of Economic and Social Research.
    7. Bhattacharyya, Nikhilesh., 2012. "Monetary policy and employment in developing Asia," ILO Working Papers 994685223402676, International Labour Organization.


  1. Gill Hammond & Ravi Kanbur & Eswar Prasad, 2009. "Monetary Policy Challenges for Emerging Market Economies," Chapters, in: Gill Hammond & Ravi Kanbur & Eswar Prasad (ed.), Monetary Policy Frameworks for Emerging Markets, chapter 1, Edward Elgar Publishing.
    See citations under working paper version above.Sorry, no citations of chapters recorded.


  1. Gill Hammond, 2012. "State of the art of inflation targeting," Handbooks, Centre for Central Banking Studies, Bank of England, edition 4, number 29.

    Cited by:

    1. Duncan, Roberto & Martínez-García, Enrique, 2019. "New perspectives on forecasting inflation in emerging market economies: An empirical assessment," International Journal of Forecasting, Elsevier, vol. 35(3), pages 1008-1031.
    2. Lustenberger, Thomas & Rossi, Enzo, 2018. "Does Central Bank Transparency and Communication Affect Financial and Macroeconomic Forecasts?," Working papers 2018/06, Faculty of Business and Economics - University of Basel.
    3. Mariscal, Rodrigo & Powell, Andrew & Tavella, Pilar, 2014. "On the Credibility of Inflation Targeting Regimes in Latin America," IDB Publications (Working Papers) 6604, Inter-American Development Bank.
    4. Pierdzioch, Christian & Rülke, Jan-Christoph, 2013. "Do inflation targets anchor inflation expectations?," Economic Modelling, Elsevier, vol. 35(C), pages 214-223.
    5. Daniel Ordoñez-Callamand & Juan D. Hernandez-Leal & Mauricio Villamizar-Villegas, 2017. "When Multiple Objectives Meet Multiple Instruments: Identifying Simultaneous Monetary Shocks," Borradores de Economia 997, Banco de la Republica de Colombia.
    6. Fernando Ferrari Filho, Marcelo Milan, 2018. "Excess Real Interest Rates and the Inflation Targeting Regime in Brazil: Monetary Policy Ineffectiveness and Rentiers¡¯ Interests," Applied Economics and Finance, Redfame publishing, vol. 5(6), pages 84-100, November.
    7. Angelo Marsiglia Fasolo, 2018. "Monetary Policy Volatility Shocks in Brazil," Working Papers Series 480, Central Bank of Brazil, Research Department.
    8. Silvio Contessi & Pierangelo De Pace & Li Li, 2014. "An international perspective on the recent behavior of inflation," Review, Federal Reserve Bank of St. Louis, vol. 96(3), pages 267-294.
    9. Eurilton Araújo & Débora Gouveia, 2013. "Calvo-type rules and the forward-looking behavior of inflation targeting central banks," Economics Bulletin, AccessEcon, vol. 33(3), pages 2042-2051.
    10. Thornton, John & di Tommaso, Caterina, 2018. "Unconventional monetary policy and the ‘currency wars’," Finance Research Letters, Elsevier, vol. 26(C), pages 250-254.
    11. Thornton, John & Vasilakis, Chrysovalantis, 2017. "Inflation targeting and the cyclicality of monetary policy," Finance Research Letters, Elsevier, vol. 20(C), pages 296-302.
    12. Ardakani Omid M. & Kishor N. Kundan, 2018. "Examining the success of the central banks in inflation targeting countries: the dynamics of the inflation gap and institutional characteristics," Studies in Nonlinear Dynamics & Econometrics, De Gruyter, vol. 22(1), pages 1-19, February.
    13. Gulshan Farooq BHAT & Dr. Sandeep Kaur BHATIA, 2017. "An Empirical Analysis Of Growth Determinants In India And South Korea: Possible Lessons For India," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 17(2), pages 155-174.
    14. Pierre-Richard Agénor & Luiz A. Pereira da Silva, 2013. "Inflation Targeting and Financial Stability: A Perspective from the Developing World," Working Papers Series 324, Central Bank of Brazil, Research Department.
    15. Antonia Lòpez-Villavicencio & Marc Pourroy, 2019. "Inflation target and (a)symmetries in the oil price pass-through to inflation," Post-Print hal-02082415, HAL.
    16. Taisuke Nakata, 2013. "Welfare costs of shifting trend inflation," Finance and Economics Discussion Series 2013-12, Board of Governors of the Federal Reserve System (U.S.).
    17. Christian Dreger & Malte Rieth & David Pothier, 2015. "Is Globalization Reducing the Ability of Central Banks to Control Inflation? In-Depth Analysis," DIW Berlin: Politikberatung kompakt, DIW Berlin, German Institute for Economic Research, volume 106, number pbk106.
    18. Christoph S. Weber, 2016. "Central Bank Transparency and Inflation (Volatility) – New Evidence," Working Papers 163, Bavarian Graduate Program in Economics (BGPE).
    19. Camille Cornand & Cheick Kader M'Baye, 2016. "Band or Point Inflation Targeting? An Experimental Approach," Working Papers halshs-01313095, HAL.
    20. Monica Jain & Christopher S. Sutherland, 2018. "How Do Central Bank Projections and Forward Guidance Influence Private-Sector Forecasts?," Staff Working Papers 18-2, Bank of Canada.
    21. Marc Pourroy, 2013. "Inflation-Targeting and Foreign Exchange Interventions in Emerging Economies," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00881359, HAL.
    22. Luisa F. Acuña Roa & Julian A. Parra Polania, 2013. "Price-Level Targeting: an omelette that requires breaking some Inflation-Targeting eggs?," Borradores de Economia 783, Banco de la Republica de Colombia.
    23. Balliester Reis, Thereza, 2016. "Why are policy real interest rates so high in Brazil? An analysis of the determinants of the Central Bank of Brazil's real interest rate," IPE Working Papers 80/2016, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
    24. Dinabandhu Sethi & Debashis Acharya, 2019. "Credibility of inflation targeting: some recent Asian evidence," Economic Change and Restructuring, Springer, vol. 52(3), pages 203-219, August.
    25. Zied Ftiti & Walid Hichri, 2014. "The Price Stability Under Inflation Targeting Regime : An Analysis With a New Intermediate Approach," Working Papers 2014-99, Department of Research, Ipag Business School.
    26. Adler, Gustavo & Lama, Ruy & Medina, Juan Pablo, 2019. "Foreign exchange intervention and inflation targeting: The role of credibility," Journal of Economic Dynamics and Control, Elsevier, vol. 106(C), pages 1-1.
    27. Nivín, Rafael & Pérez, Fernando, 2019. "Estimación de un Índice de Condiciones Financieras para el Perú," Working Papers 2019-006, Banco Central de Reserva del Perú.
    28. Fredrik N. G. Andersson & Yushu Li, 2020. "Are Central Bankers Inflation Nutters? An MCMC Estimator of the Long-Memory Parameter in a State Space Model," Computational Economics, Springer;Society for Computational Economics, vol. 55(2), pages 529-549, February.
    29. Song, Haiyan & Wen, Long & Liu, Chang, 2019. "Density tourism demand forecasting revisited," Annals of Tourism Research, Elsevier, vol. 75(C), pages 379-392.
    30. Alexis Maka & Fernando De Holanda Barbosa, 2014. "Phillips Curves: An Encompassing Test," Anais do XLI Encontro Nacional de Economia [Proceedings of the 41st Brazilian Economics Meeting] 061, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    31. Tamim Bayoumi & Giovanni Dell'Ariccia & Karl F Habermeier & Tommaso Mancini Griffoli & Fabian Valencia, 2014. "Monetary Policy in the New Normal," IMF Staff Discussion Notes 14/3, International Monetary Fund.
    32. Roberto Steiner & Adolfo Barajas & César Pabón & Leonardo Villar, 2014. "Singular Focus or Multiple Objectives? What the Data Tell Us about Inflation Targeting in Latin America," Economía Journal, The Latin American and Caribbean Economic Association - LACEA, vol. 0(Fall 2014), pages 177-213, June.
    33. Grégory Levieuge & Yannick Lucotte & Sébastien Ringuedé, 2015. "Central bank credibility and the expectations channel: Evidence based on a new credibility index," NBP Working Papers 209, Narodowy Bank Polski, Economic Research Department.
    34. Teles, Pedro & Uhlig, Harald, 2010. "Is Quantity Theory Still Alive?," CEPR Discussion Papers 8049, C.E.P.R. Discussion Papers.
    35. Irina Kozlovtceva & Alexey Ponomarenko & Andrey Sinyakov & Stas Tatarintsev, 2019. "Financial Stability Implications of Policy Mix in a Small Open Commodity-Exporting Economy," Bank of Russia Working Paper Series wps42, Bank of Russia.
    36. Martin Seneca, 2010. "A DSGE model for Iceland," Economics wp50, Department of Economics, Central bank of Iceland.
    37. Wolassa Lawisso Kumo, 2015. "Working Paper - 216 - Inflation Targeting Monetary Policy, Inflation Volatility and Economic Growth in South Africa," Working Paper Series 2154, African Development Bank.
    38. Alan Blinder & Michael Ehrmann & Jakob de Haan & David-Jan Jansen, 2017. "Necessity as the mother of invention: monetary policy after the crisis," Economic Policy, CEPR;CES;MSH, vol. 32(92), pages 707-755.
    39. Juan Guillermo Bedoya Ospina, 2017. "Ciclos de crédito, liquidez global y regímenes monetarios: una aproximación para América Latina," Revista Desarrollo y Sociedad, Universidad de los Andes - CEDE, vol. 78, February.
    40. Antonia Lopez Villavicencio & Marc Pourroy, 2019. "Does Inflation Targeting Always Matter for the ERPT? A robust approach," Working Papers hal-02082568, HAL.
    41. Antonia López-Villavicencio & Marc Pourroy, 2017. "IT Countries: A Breed Apart? the case of Exchange Rate Pass-Through," Working Papers halshs-01614817, HAL.
    42. Muqtada, Muhammed., 2015. "Challenges of price stability, growth and employment in Bangladesh : role of the Bangladesh Bank," ILO Working Papers 994873053402676, International Labour Organization.
    43. Michal Franta & Jozef Baruník & Roman Horváth & Katerina Smídková, 2014. "Are Bayesian Fan Charts Useful? The Effect of Zero Lower Bound and Evaluation of Financial Stability Stress Tests," International Journal of Central Banking, International Journal of Central Banking, vol. 10(1), pages 159-188, March.
    44. Badinger, Harald & Reuter, Wolf Heinrich, 2015. "The Case for Fiscal Rules," Department of Economics Working Paper Series 204, WU Vienna University of Economics and Business.
    45. Sebastian Gomez-Barrero & Julian A. Parra-Polania, 2014. "Central Bank Strategic Forecasting," Contemporary Economic Policy, Western Economic Association International, vol. 32(4), pages 802-810, October.
    46. Dániel Felcser & Kristóf Lehmann, 2012. "The Fed’s inflation target and the background of its announcement," MNB Bulletin (discontinued), Magyar Nemzeti Bank (Central Bank of Hungary), vol. 7(3), pages 28-37, October.
    47. Graham Bird & Alex Mandilaras & Helen Popper, 2012. "Explaining Shifts in Exchange Rate Regimes," School of Economics Discussion Papers 1312, School of Economics, University of Surrey.
    48. Ikeda, Daisuke, 2015. "Optimal inflation rates with the trending relative price of investment," Journal of Economic Dynamics and Control, Elsevier, vol. 56(C), pages 20-33.
    49. Skrove Falch, Nina & Nymoen, Ragnar, 2011. "The accuracy of a forecast targeting central bank," Economics - The Open-Access, Open-Assessment E-Journal, Kiel Institute for the World Economy (IfW), vol. 5, pages 1-36.
    50. Orlowski, Lucjan T., 2016. "Co-movements of non-Euro EU currencies with the Euro," International Review of Economics & Finance, Elsevier, vol. 45(C), pages 376-383.
    51. Petreski, Marjan, 2013. "Inflation targeting at the crossroads: Evidence from post-communist economies during the crisis," MPRA Paper 47018, University Library of Munich, Germany.
    52. Ogrokhina, Olena & Rodriguez, Cesar M., 2018. "The role of inflation targeting in international debt denomination in developing countries," Journal of International Economics, Elsevier, vol. 114(C), pages 116-129.
    53. Abdelkader Aguir & Mounir Smida, 2015. "Efficiency of monetary policy under inflation targeting," Economics Bulletin, AccessEcon, vol. 35(1), pages 788-813.
    54. Alves, Sergio Afonso Lago, 2014. "Lack of divine coincidence in New Keynesian models," Journal of Monetary Economics, Elsevier, vol. 67(C), pages 33-46.
    55. John Thorton, 2015. "Inflation targeting in developing economies revisited," Working Papers 15012, Bangor Business School, Prifysgol Bangor University (Cymru / Wales).
    56. Arina Wischnewsky & David-Jan Jansen & Matthias Neuenkirch, 2019. "Financial Stability and the Fed: Evidence from Congressional Hearings," DNB Working Papers 633, Netherlands Central Bank, Research Department.
    57. Alexandra Born & Sarwat Jahan & Edward R Gemayel, 2011. "What Can Low-Income Countries Expect From Adopting Inflation Targeting?," IMF Working Papers 11/276, International Monetary Fund.
    58. Adel Boughrara and Ichrak Dridi, 2017. "Does Inflation Targeting Matter for Foreign Portfolio Investment: Evidence from Propensity Score Matching," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 42(2), pages 67-86, June.
    59. Alberto Naudon & Andrés Pérez, 2017. "An Overview of Inflation-Targeting Frameworks: Institutional Arrangements, Decision-making, & the Communication of Monetary Policy," Working Papers Central Bank of Chile 811, Central Bank of Chile.
    60. Thornton, John, 2016. "Inflation targeting in developing countries revisited," Finance Research Letters, Elsevier, vol. 16(C), pages 145-153.
    61. Stephen McKnight & Alexander Mihailov & Antonio Pompa Rangel, 2016. "What do Latin American inflation targeters care about? A comparative Bayesian estimation of central bank preferences," Serie documentos de trabajo del Centro de Estudios Económicos 2016-08, El Colegio de México, Centro de Estudios Económicos.
    62. Ricardo Sabbadini, 2018. "Overcoming the Original Sin: gains from local currency external debt," Working Papers Series 484, Central Bank of Brazil, Research Department.
    63. Ianthi Vayid, 2013. "Central Bank Communications Before, During and After the Crisis: From Open-Market Operations to Open-Mouth Policy," Staff Working Papers 13-41, Bank of Canada.
    64. Emre Alper & R. Armando Morales & Fan Yang, 2016. "Monetary Policy Implementation and Volatility Transmission along the Yield Curve; The Case of Kenya," IMF Working Papers 16/120, International Monetary Fund.
    65. Obstfeld, Maurice, 2014. "Never Say Never: Commentary on a Policymaker’s Reflections," CEPR Discussion Papers 9802, C.E.P.R. Discussion Papers.
    66. Gregor Heinrich, 2010. "El fortalecimiento institucional de los bancos centrales," Boletín, Centro de Estudios Monetarios Latinoamericanos, CEMLA, vol. 0(1), pages 18-27, Enero-mar.
    67. Alfredo Pistelli & Víctor Riquelme, 2010. "Auge y caída de precios de commodities y su impacto sobre precios domésticos: Comparación internacional," Working Papers Central Bank of Chile 567, Central Bank of Chile.
    68. Michal Franta & Jozef Barunik & Roman Horvath & Katerina Smidkova, 2011. "Are Bayesian Fan Charts Useful for Central Banks? Uncertainty, Forecasting, and Financial Stability Stress Tests," Working Papers 2011/10, Czech National Bank.
    69. Amber Wadsworth, 2017. "An international comparison of inflation-targeting frameworks," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 80, pages 1-34, August.
    70. Geeta Garg, 2015. "Impact of trilemma indicators on macroeconomic policy: Does central bank independence matter?," Indira Gandhi Institute of Development Research, Mumbai Working Papers 2015-019, Indira Gandhi Institute of Development Research, Mumbai, India.
    71. Esteban Pérez Caldentey & Matías Vernengo, 2013. "Is Inflation Targeting Operative in an Open Economy Setting?," Working Papers wp324, Political Economy Research Institute, University of Massachusetts at Amherst.
    72. José de Gregorio, 2012. "Commodity Prices, Monetary Policy and Inflation," Working Papers wp359, University of Chile, Department of Economics.
    73. Yenner Altunbas & John Thornton, 2015. "Why do countries adopt fiscal rules?," Working Papers 15006, Bangor Business School, Prifysgol Bangor University (Cymru / Wales).
    74. Charan Singh, 2015. "Inflation Targeting India: Select Issues," Working Papers id:7002, eSocialSciences.
    75. Kartaev, P. & Philippov, A. & Khazanov, A., 2016. "Inflation Targeting and Real GDP Dynamics: Cross-Country Evidence," Journal of the New Economic Association, New Economic Association, vol. 29(1), pages 107-128.
    76. Pierre-Richard Agénor, 2015. "L’intégration financière internationale : Théories, évidences, et leçons des expériences récentes [International financial integration: Theory, evidence and lessons from recent experiences]," Research papers & Policy papers 1508, Policy Center for the New South.
    77. Jitmaneeroj, Boonlert & Lamla, Michael J & Wood, Andrew, 2018. "The Implications of Central Bank Transparency for Uncertainty and Disagreement," Essex Finance Centre Working Papers 23347, University of Essex, Essex Business School.
    78. Adolfo Barajas & Roberto Steiner & Leonardo Villar & César Pabón, 2014. "Inflation targeting in Latin America," Working Papers Series. Documentos de Trabajo 011550, Fedesarrollo.
    79. Carlos Carvalho & Tiago Fl´orido & Eduardo Zilberman, "undated". "Transitions in Central Bank Leadership," Textos para discussão 657, Department of Economics PUC-Rio (Brazil).
    80. Yan Carriere-Swallow & Luis I. Jacome H. & Nicolas E Magud & Alejandro M. Werner, 2016. "Central Banking in Latin America; The Way Forward," IMF Working Papers 16/197, International Monetary Fund.
    81. Hippolyte W. BALIMA & Eric Gabin KILAMA & René TAPSOBA, 2017. "Settling the Inflation Targeting Debate: Lights from a Meta-Regression Analysis," Working Papers 4083, FERDI.
    82. Norberto Montani Martins & Camila Cabral Pires-Alves & André de Melo Modenesi & Karla Vanessa Batista da Silva Leite, 2017. "The transmission mechanism of monetary policy: Microeconomic aspects of macroeconomic issues," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 40(3), pages 300-326, July.
    83. Michael Zdinak & Michiel De Pooter & Ian Walker & Patrice Robitaille, 2014. "Are Long-Term Inflation Expectations Well Anchored in Brazil, Chile and Mexico?," International Finance Discussion Papers 1098, Board of Governors of the Federal Reserve System (U.S.), revised 19 Mar 2014.
    84. Jung, Alexander, 2016. "Have FOMC minutes helped markets to predict FED funds rate changes?," Working Paper Series 1961, European Central Bank.
    85. Anna Samarina & Nikos Apokoritis, 2020. "Evolution of monetary policy frameworks in the post-crisis environment," DNB Working Papers 664, Netherlands Central Bank, Research Department.
    86. Arestis, Philip & Chortareas, Georgios & Magkonis, Georgios & Moschos, Demetrios, 2014. "Inflation targeting and inflation convergence: International evidence," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 31(C), pages 285-295.
    87. Nymoen, Ragnar & Swensen, Anders Rygh & Tveter, Eivind, 2012. "Interpreting the evidence for New Keynesian models of inflation dynamics," Journal of Macroeconomics, Elsevier, vol. 34(2), pages 253-263.
    88. Contreras, Alex & Gondo, Rocío & Oré, Erick & Pérez, Fernando, 2019. "Evaluando el impacto de las medidas de desdolarización del crédito en el Perú," Working Papers 2019-005, Banco Central de Reserva del Perú.
    89. Corder, Matthew & Eckloff, Daniel, 2011. "International evidence on inflation expectations during Sustained Off-Target Inflation episodes," Bank of England Quarterly Bulletin, Bank of England, vol. 51(2), pages 111-115.
    90. Renée A. Fry-McKibbin & Chen Wang, 2014. "Does Inflation Targeting Outperform Alternative Policies during Global Downturns?," CAMA Working Papers 2014-64, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    91. Amber Wadsworth, 0. "An international comparison of inflation-targeting frameworks," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 80.
    92. Thornton, John & Vasilakis, Chrysovalantis, 2016. "Does inflation targeting reduce sovereign risk? Further evidence," Finance Research Letters, Elsevier, vol. 18(C), pages 237-241.
    93. Soyoung Kim & Geunhyung Yim, 2016. "Endogeneity of Inflation Target," Working Papers 2016-18, Economic Research Institute, Bank of Korea.
    94. Garreth Rule, 2015. "Understanding the central bank balance sheet," Handbooks, Centre for Central Banking Studies, Bank of England, number 32.
    95. Aleem, Abdul & Lahiani, Amine, 2014. "Monetary policy credibility and exchange rate pass-through: Some evidence from emerging countries," Economic Modelling, Elsevier, vol. 43(C), pages 21-29.
    96. Thornton, John & Vasilakis, Chrysovalantis, 2017. "The impact of fiscal rules on sovereign risk premia: International evidence," Finance Research Letters, Elsevier, vol. 20(C), pages 63-67.
    97. David Cobham, 2015. "Multiple Objectives in Monetary Policy: A De Facto Analysis for ‘Advanced’ Countries," Manchester School, University of Manchester, vol. 83, pages 83-106, September.
    98. Woon Gyu Choi & Taesu Kang & Geun-Young Kim & Byongju Lee, 2017. "Global Liquidity Transmission to Emerging Market Economies, and Their Policy Responses," IMF Working Papers 17/222, International Monetary Fund.
    99. Charan Singh, 2015. "Inflation Targeting in India: Select Issues," Working Papers id:7131, eSocialSciences.
    100. International Monetary Fund, 2016. "Brazil; Selected Issues," IMF Staff Country Reports 16/349, International Monetary Fund.
    101. Harald Badinger & Wolf Heinrich Reuter, 2017. "Determinants of fiscal rules," Applied Economics Letters, Taylor & Francis Journals, vol. 24(3), pages 154-158, February.
    102. Cobham, David, 2018. "A comprehensive classification of monetary policy frameworks for advanced and emerging economies," MPRA Paper 84737, University Library of Munich, Germany.
    103. Andersson, Fredrik N. G. & Jonung, Lars, 2017. "How Tolerant Should Inflation-Targeting Central Banks Be? Selecting the Proper Tolerance Band - Lessons from Sweden," Working Papers 2017:2, Lund University, Department of Economics.
    104. Takemasa Oda, 2016. "Optimal Inflation Rate in a Life-Cycle Economy," IMES Discussion Paper Series 16-E-05, Institute for Monetary and Economic Studies, Bank of Japan.
    105. Mohan, Rakesh & Kapur, Muneesh, 2009. "Managing the Impossible Trinity: Volatile Capital Flows and Indian Monetary Policy," MPRA Paper 70632, University Library of Munich, Germany.
    106. Jung, Alexander & El-Shagi, Makram, 2015. "Has the publication of minutes helped markets to predict the monetary policy decisions of the Bank of England's MPC?," Working Paper Series 1808, European Central Bank.
    107. Coroiu Sorina Ioana, 2015. "Perspectives Of Inflation Targeting, In The Current Economic Context," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 2, pages 287-292, April.
    108. Alice Y. Ouyang & Ramkishen S. Rajan, 2016. "Does Inflation Targeting in Asia Reduce Exchange Rate Volatility?," International Economic Journal, Taylor & Francis Journals, vol. 30(2), pages 294-311, June.
    109. Winkelried, Diego, 2013. "Modelo de Proyección Trimestral del BCRP: Actualización y novedades," Revista Estudios Económicos, Banco Central de Reserva del Perú, issue 26, pages 9-60.
    110. Eichler, Stefan & Littke, Helge C.N., 2018. "Central bank transparency and the volatility of exchange rates," Journal of International Money and Finance, Elsevier, vol. 89(C), pages 23-49.
    111. BEN ROMDHANE, Ikram & MENSI, Sami, 2014. "Assessing the macroeconomic effects of inflation targeting: Evidence from OECD Economies," MPRA Paper 60108, University Library of Munich, Germany, revised 14 Nov 2014.
    112. Ogrokhina, Olena & Rodriguez, Cesar M., 2019. "The effect of inflation targeting and financial openness on currency composition of sovereign international debt," Journal of International Money and Finance, Elsevier, vol. 97(C), pages 1-18.
    113. Choi, Sangyup & Hashimoto, Yuko, 2018. "Does transparency pay? Evidence from IMF data transparency policy reforms and emerging market sovereign bond spreads," Journal of International Money and Finance, Elsevier, vol. 88(C), pages 171-190.
    114. Ginn, William & Pourroy, Marc, 2019. "Optimal monetary policy in the presence of food price subsidies," Economic Modelling, Elsevier, vol. 81(C), pages 551-575.
    115. Mironov, Valeriy, 2015. "Russian devaluation in 2014–2015: Falling into the abyss or a window of opportunity?," Russian Journal of Economics, Elsevier, vol. 1(3), pages 217-239.
    116. Leonardo Vera, 2014. "The Simple Post-Keynesian Monetary Policy Model: An Open Economy Approach," Review of Political Economy, Taylor & Francis Journals, vol. 26(4), pages 526-548, October.
    117. Bram Gootjes & Jakob de Haan & Richard Jong-A-Pin, 2019. "Do fiscal rules constrain political budget cycles?," DNB Working Papers 634, Netherlands Central Bank, Research Department.
    118. Kosta Josifidis & Emilija Beker Pucar & Slađana Srdić & Gabriela Ivan, 2014. "Inflation Targeting in Advanced vs. Emerging Economies before and after the Crisis," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 61(1), pages 79-106, Februar.
    119. Runchana Pongsaparn & Panda Ketruangroch & Dhanaporn Hirunwong, 2012. "Monetary Policy conduct in Review: The Appropriate Choice of Instruments," Working Papers 2012-05, Monetary Policy Group, Bank of Thailand.
    120. Chortareas, Georgios & Noikokyris, Emmanouil, 2014. "Monetary policy and stock returns under the MPC and inflation targeting," International Review of Financial Analysis, Elsevier, vol. 31(C), pages 109-116.
    121. Marjan Petreski, 2011. "A Markov Switch to Inflation Targeting in Emerging Market Peggers with a Focus on the Czech Republic, Poland and Hungary," Focus on European Economic Integration, Oesterreichische Nationalbank (Austrian Central Bank), issue 3, pages 57-75.
    122. Thanaset Chevapatrakul & Juan Paez-Farrell, 2018. "How effective is inflation targeting in emerging market economies?," Working Papers 2018005, The University of Sheffield, Department of Economics.
    123. CUHAL, Radu & STARIȚÎNA, Ludmila & BASISTÎI, Nicolae, 2014. "Monetary Policy Regimes: Functional Framework And Implications," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", vol. 1(1), pages 92-100.
    124. Helder Ferreira de Mendonça & Igor da Silva Veiga, 2017. "The open economy trilemma in Latin America: A three-decade analysis," International Finance, Wiley Blackwell, vol. 20(2), pages 135-154, June.
    125. Sergio A. Lago Alves, 2012. "Optimal Policy When the Inflation Target is not Optimal," Working Papers Series 271, Central Bank of Brazil, Research Department.
    126. Ivan Darovskii (Даровский, Иван), 2017. "From Stagflation to Sustainable Economic Growth: Imperatives of Russian Macroeconomic Policy
      [От Стагфляции К Устойчивому Росту: Императивы Российской Макроэкономической Политики]
      ," Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 3, pages 38-79, June.
    127. Canarella, Giorgio & Miller, Stephen M., 2017. "Inflation targeting and inflation persistence: New evidence from fractional integration and cointegration," Journal of Economics and Business, Elsevier, vol. 92(C), pages 45-62.
    128. Andrew Blake & Garreth Rule & Ole Rummel, 2015. "Inflation targeting and term premia estimates for Latin America," Latin American Economic Review, Springer;Centro de Investigaciòn y Docencia Económica (CIDE), vol. 24(1), pages 1-21, December.

  2. Gill Hammond & Ravi Kanbur & Eswar Prasad (ed.), 2009. "Monetary Policy Frameworks for Emerging Markets," Books, Edward Elgar Publishing, number 13504.

    Cited by:

    1. Gill Hammond, 2012. "State of the art of inflation targeting," Handbooks, Centre for Central Banking Studies, Bank of England, edition 4, number 29.
    2. Peter Mooslechner, 2011. "Challenges for Monetary and Exchange Rate Policy in CESEE Created by the Crisis: Back to Square One?," Chapters, in: Ewald Nowotny & Peter Mooslechner & Doris Ritzberger-Grünwald (ed.), Post-Crisis Growth and Integration in Europe, chapter 16, Edward Elgar Publishing.

More information

Research fields, statistics, top rankings, if available.


Access and download statistics for all items


This author is among the top 5% authors according to these criteria:
  1. Number of Downloads through RePEc Services over the past 12 months, Weighted by Number of Authors

Co-authorship network on CollEc

NEP Fields

NEP is an announcement service for new working papers, with a weekly report in each of many fields. This author has had 1 paper announced in NEP. These are the fields, ordered by number of announcements, along with their dates. If the author is listed in the directory of specialists for this field, a link is also provided.
  1. NEP-CBA: Central Banking (1) 2009-05-02
  2. NEP-MAC: Macroeconomics (1) 2009-05-02
  3. NEP-MON: Monetary Economics (1) 2009-05-02


All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. For general information on how to correct material on RePEc, see these instructions.

To update listings or check citations waiting for approval, Gill Mary Simona Hammond should log into the RePEc Author Service.

To make corrections to the bibliographic information of a particular item, find the technical contact on the abstract page of that item. There, details are also given on how to add or correct references and citations.

To link different versions of the same work, where versions have a different title, use this form. Note that if the versions have a very similar title and are in the author's profile, the links will usually be created automatically.

Please note that most corrections can take a couple of weeks to filter through the various RePEc services.

IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.