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Growth effects of inflation targeting revisited: empirical evidence from emerging markets

Growth effects of inflation targeting revisited: empirical evidence from emerging markets

Amira, Beldi, Mouldi, Djelassi and Feridun, Mete (2012) Growth effects of inflation targeting revisited: empirical evidence from emerging markets. Applied Economics Letters, 20 (6). pp. 587-591. ISSN 1350-4851 (doi:10.1080/13504851.2012.718054)

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Abstract

This study investigates the impact of Inflation Targeting (IT) on real economic growth and real economic growth volatility for a panel of 36 emerging economies from 1979 to 2009. The results suggest that although IT regime results in higher economic growth, it does not necessarily guarantee a more stable growth rate.

Item Type: Article
Uncontrolled Keywords: inflation targeting, economic growth
Subjects: H Social Sciences > HB Economic Theory
Faculty / Department / Research Group: Faculty of Business > Department of International Business & Economics
Faculty of Business > Greenwich Political Economy Research Centre (GPERC)
Related URLs:
Last Modified: 02 Nov 2016 13:52
Selected for GREAT 2016: None
Selected for GREAT 2017: None
Selected for GREAT 2018: None
URI: http://gala.gre.ac.uk/id/eprint/8897

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