Does Monetary Policy Credibility Help in Anchoring Inflation Expectations? Evidence from Six Inflation Targeting Emerging Economies
Most emerging market central banks have adopted inflation targeting as their monetary policy system. The heart of inflation targeting system is inflation expectations. The success of a central bank in achieving targets depends on to the extent to which inflation expectations are formed by the announ...
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| Format: | Article |
| Language: | English |
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Sciendo
2021-01-01
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| Series: | Journal of Central Banking Theory and Practice |
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| Online Access: | https://doi.org/10.2478/jcbtp-2021-0005 |