Do Monetary, Fiscal and Financial Institutions Really Matter for Inflation Targeting in Emerging Market Economies?

Preprint OPEN
Seedwell Hove; Albert Touna Mama; Fulbert Tchana Tchana;
(2011)
  • Subject: In‡flation targeting, Institutions, Credibility
    • jel: jel:E52 | jel:G28

Most emerging market economies (EMEs) which have implemented inflation targeting (IT) have continued to experience large, frequent and sometimes persistent inflation target misses. At the same time these countries had reformed their institutional structures when impleme... View more
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