dc.contributor.author | Abu Asab, Nora | |
dc.contributor.author | Cuestas, Juan Carlos | |
dc.contributor.author | Montagnoli, Alberto | |
dc.date.accessioned | 2018-10-23T11:43:42Z | |
dc.date.available | 2018-10-23T11:43:42Z | |
dc.date.issued | 2018 | |
dc.identifier.citation | Abu Asab N, Cuestas JC, Montagnoli A (2018) Inflation targeting or exchange rate targeting: Which framework supports the goal of price stability in emerging market economies? PLoS ONE 13(8): e0201798. https://doi.org/ 10.1371/journal.pone.0201798 | ca_CA |
dc.identifier.issn | 1932-6203 | |
dc.identifier.uri | http://hdl.handle.net/10234/176941 | |
dc.description.abstract | The paper investigates and compares the relationship between inflation and inflation uncertainty
under inflation targeting and, alternatively, a conventional fixed exchange rate system,
for a group of emerging countries. To do so we estimate GARCH in mean models and we
find that there is a bi-directional relationship between inflation and inflation uncertainty under
the two monetary regimes. It is also found that the fixed exchange rate regime has no impact
on average inflation and inflation inertia, while inflation targeting has been successful at lowering
both average inflation and inflation persistence. | ca_CA |
dc.format.extent | 21 p. | ca_CA |
dc.format.mimetype | application/pdf | ca_CA |
dc.language.iso | eng | ca_CA |
dc.publisher | Public Library of Science | ca_CA |
dc.relation.isPartOf | PLoS ONE 13(8): e0201798 | ca_CA |
dc.rights | Creative Commons Attribution (CC BY) license | ca_CA |
dc.rights | Atribución 4.0 Internacional | * |
dc.rights.uri | http://creativecommons.org/licenses/by-sa/4.0/ | * |
dc.title | Inflation targeting or exchange rate targeting: Which framework supports the goal of price stability in emerging market economies? | ca_CA |
dc.type | info:eu-repo/semantics/article | ca_CA |
dc.identifier.doi | https://doi.org/10.1371/journal.pone.0201798 | |
dc.relation.projectID | ECO2017-83255-C3-3-P ; ECO2017-85503-R | ca_CA |
dc.rights.accessRights | info:eu-repo/semantics/openAccess | ca_CA |
dc.relation.publisherVersion | https://journals.plos.org/plosone/article?id=10.1371/journal.pone.0201798 | ca_CA |
dc.type.version | info:eu-repo/semantics/publishedVersion | ca_CA |