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Inflation Targeting and the Crisis

Inflation Targeting and the Crisis »

Source: Inflation Targeting and the Crisis : An Empirical Assessment

Volume/Issue: 2010/45

Series: IMF Working Papers

Author(s): Irineu de Carvalho Filho


Publication Date: 01 February 2010

ISBN: 9781451963045

Keywords: economic crisis, inflation, terms of trade, real interest rates, Macroeconomics and Monetary Economics: General, Business Fluctuations, And Cycles, money And Interest Rates,

This paper appraises how countries with inflation targeting fared during the current crisis, with the goal of establishing the stylized facts that will guide and motivate future research. We find that since August...