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

Testing the transparency benefits of inflation targeting : evidence from private sector forecasts / prepared by Christopher Crowe.

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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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Bibliographic Details
Online Access: Full Text (via ProQuest)
Main Author: Crowe, Christopher (Christopher W.) (Author)
Corporate Author: International Monetary Fund. Research Department
Format: eBook
Language:English
Published: Washington, D.C. : International Monetary Fund, Research Dept., 2006.
Series:IMF working paper ; WP/06/289.
Subjects:
Anti-inflationary policies > Econometric models.
Inflation (Finance) > Forecasting > Econometric models.

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Call Number: HG229 .C76 2006eb
HG229 .C76 2006eb Available

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