Testing the transparency benefits of inflation targeting : evidence from private sector forecasts /

I test whether inflation targeting (IT) enhances transparency using inflation forecast data for 11 IT adoption countries. IT adoption promotes convergence in forecast errors, suggesting that it enhances transparency. This effect is robust to dropping observations, is strengthened by using instrument...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Crowe, Christopher (Christopher W.) (Autor)
Autor Corporativo: International Monetary Fund. Research Department
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington, D.C. : International Monetary Fund, Research Dept., 2006.
Colección:IMF working paper ; WP/06/289.
Temas:
Anti-inflationary policies > Econometric models.
Inflation (Finance) > Forecasting > Econometric models.
Inflation > Politique gouvernementale > Modèles économétriques.
Inflation > Prévision > Modèles économétriques.
Anti-inflationary policies > Econometric models
Inflation (Finance) > Forecasting > Econometric models
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