Inflation targeting works well in Latin America
Includes bibliography
Guardado en:
| Autores principales: | , |
|---|---|
| Formato: | Texto |
| Lenguaje: | English |
| Publicado: |
2014
|
| Materias: | |
| Acceso en línea: | http://hdl.handle.net/11362/11581 |
| Etiquetas: |
Agregar Etiqueta
Sin Etiquetas, Sea el primero en etiquetar este registro!
|
| id |
oai-11362-11581 |
|---|---|
| record_format |
dspace |
| spelling |
oai-11362-115812020-03-06T16:50:27Z Inflation targeting works well in Latin America García-Solanes, José Torrejón-Flores, Fernando INFLACION POLITICA MONETARIA MACROECONOMIA MODELOS ECONOMETRICOS CRECIMIENTO ECONOMICO INDICADORES ECONOMICOS INFLATION MONETARY POLICY MACROECONOMICS ECONOMETRIC MODELS ECONOMIC GROWTH ECONOMIC INDICATORS Includes bibliography This paper analyses the macroeconomic effects of inflation targeting (it) in five Latin American countries during the period 2000-2007. We perform three types of econometric tests, which coincide in showing that it regimes have contributed to decreasing the level and variability of both the rate of inflation and the short-term interest rate, compared with a group of non-it Latin American countries. Moreover, our empirical analysis clearly reveals that it has led to lower variability in gdp growth, but the net effects on the level of economic growth remain unclear. The main technical innovation of this paper is the estimation of a treatment effects model to solve the endogeneity problem of adopting it, which is inherently present in most of the econometric tests applied so far in this field. 2014-01-02T18:46:00Z 2014-01-02T18:46:00Z 2012-04 Texto Sección o Parte de un Documento http://hdl.handle.net/11362/11581 LC/G.2518-P en CEPAL Review CEPAL Review 106 application/pdf AMERICA LATINA BRASIL CHILE COLOMBIA MEXICO PERU LATIN AMERICA BRAZIL CHILE COLOMBIA MEXICO PERU |
| institution |
Cepal |
| collection |
Cepal |
| language |
English |
| topic |
INFLACION POLITICA MONETARIA MACROECONOMIA MODELOS ECONOMETRICOS CRECIMIENTO ECONOMICO INDICADORES ECONOMICOS INFLATION MONETARY POLICY MACROECONOMICS ECONOMETRIC MODELS ECONOMIC GROWTH ECONOMIC INDICATORS |
| spellingShingle |
INFLACION POLITICA MONETARIA MACROECONOMIA MODELOS ECONOMETRICOS CRECIMIENTO ECONOMICO INDICADORES ECONOMICOS INFLATION MONETARY POLICY MACROECONOMICS ECONOMETRIC MODELS ECONOMIC GROWTH ECONOMIC INDICATORS García-Solanes, José Torrejón-Flores, Fernando Inflation targeting works well in Latin America |
| description |
Includes bibliography |
| format |
Texto |
| author |
García-Solanes, José Torrejón-Flores, Fernando |
| author_facet |
García-Solanes, José Torrejón-Flores, Fernando |
| author_sort |
García-Solanes, José |
| title |
Inflation targeting works well in Latin America |
| title_short |
Inflation targeting works well in Latin America |
| title_full |
Inflation targeting works well in Latin America |
| title_fullStr |
Inflation targeting works well in Latin America |
| title_full_unstemmed |
Inflation targeting works well in Latin America |
| title_sort |
inflation targeting works well in latin america |
| publishDate |
2014 |
| url |
http://hdl.handle.net/11362/11581 |
| work_keys_str_mv |
AT garciasolanesjose inflationtargetingworkswellinlatinamerica AT torrejonfloresfernando inflationtargetingworkswellinlatinamerica |
| _version_ |
1718435949282590720 |