Inflation Targeting in Developing Countries
@inproceedings{Kadioglu2000InflationTI, title={Inflation Targeting in Developing Countries}, author={Ferya Kadioglu and Nilufer Ozdemir and G. Yilmaz}, year={2000} }
The views expressed in this paper are solely the authors' and do not reflect those of the institutions they are affiliated with. ABSTRACT Macroeconomic policies have many goals like low inflation, high economic growth, balance of payment equilibrium etc. Since the monetary policy has more flexible framework and exerts its effect with long and variable lags, it has certain advantages over fiscal policy. The issue with the monetary policy is that as it is widely accepted today, the central banks… CONTINUE READING
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