The present study contributes to our understanding of inflation expectations and perceptions
by reviewing studies on this research topic published between 1982 and 2021. This study …

This paper estimates the treatment effect of inflation targeting on macroeconomic variables
using a semiparametric single index method by taking into account the model …

We use laboratory experiments with human subjects to test the relevance of different
inflation-targeting regimes. In particular and within the standard New Keynesian model, we …

This paper attempts to bring the tradition of estimating policy reaction functions from
monetary policy literature to capital controls policy literature. Using a novel, weekly dataset …

This paper theoretically and empirically investigates the puzzling decade-long concurrence
of expansionary monetary and fiscal policies, decreasing credit flows, fall in price levels, and …

The recent financial crisis of 2007–2009 raises several issues related to the conduct of
monetary policy during the last two decades. Inflation targeting monetary strategy has been …

We examine the impact of formal adoption of inflation targeting (IT) on inflation, growth and
anchoring of inflation expectations in advanced economies and emerging markets and …

Estimation of conventional Taylor rules for Brazil, Chile, Colombia and Peru shows that
central banks increase their repo rate in response to increases in the output gap and, except …

Our paper attempts to enhance the understanding of China's monetary policy rule, which
may help explain the country's remarkable inflation performance over the past decade, in …

Well before the global financial crisis, the long-term trend in fiscal policy had raised
concerns about risks for the outcomes of monetary policy. Are fears of an unpleasant …