Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5062223 | Economics Letters | 2008 | 4 Pages |
Abstract
In this article, we seek what are the factors behind a country's decision to move to Inflation Targeting. We find that high past inflation, low debt levels and the absence of a nominal exchange rate anchor increase the probability that a country will end up opting for it.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Carlos Eduardo S. Gonçalves, Alexandre Carvalho,