Spelling suggestions: "subject:"pairwise approach"" "subject:"pairewise approach""
1 |
Inflation targeting and inflation convergence: International evidenceArestis, P., Chortareas, G., Magkonis, Georgios, Moschos, D. 04 1900 (has links)
Yes / We examine whether the inflation rates of the countries that pursueinflation targeting policies have converged as opposed to the expe-rience of the OECD non-inflation targeters. Using a methodologyintroduced by Pesaran (2007a), we examine the stationarity prop-erties of the inflation differentials. This approach has the advantageof avoiding setting arbitrarily a specific country as the benchmarkeconomy. Our results indicate that the inflation rates converge irre-spective of the monetary policy framework.
|
Page generated in 0.0558 seconds