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Working Papers N° 131: Ten Years of Inflation Targeting: Design, Performance, Challenges

Autor: Norman Loayza , Raimundo Soto


Description

Inflation targeting has become an increasingly popular monetary regime in both emerging and industrialized economies. However, several features of this regime, and its effects on economic performance, still remain elusive. This article critically discusses the main theoretical and empirical insights provided by the articles included in the book “Inflation Targeting: Design, Performance, Challenges”.

 
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