Inflation Targeting in Emerging Market and Transition Economies: Lessons After a Decade

By J. Amato, Stefan Gerlach. 2002

223 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/af6b8998e72ea910d7dcfe1eb2f7b0550f73aa25

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

1. C. Walsh
2. Fabio Natalucci
3. Andrew T. Levin
4. Jeremy Piger
5. David E. Cook
6. Jeffrey A. Frankel
7. D. Laxton
8. Nicoletta Batini

In Finance

1. C. Walsh
2. Andrew T. Levin
3. David E. Cook
4. Jeremy Piger
5. Jeffrey A. Frankel
6. D. Laxton
7. Nicoletta Batini
8. Fabio Natalucci

Citations in the corpus

• Under What Conditions Can Inflation Targeting Be Adopted?: The Experience of Emerging Markets (2006, background): “More neutral or benign views on the conceptual relevance of preconditions can be found in Truman (2003), Jonas and Mishkin (2005), Debelle (2001), and Amato and Gerlach (2002).”
• Monetary Policy in Emerging Markets (2010, background): “Amato and Gerlach (2002) and Masson, Savastavano, and Sharma (1997) Au41 argued that IT can be good for emerging markets, but only after certain conditions such as freedom from fiscal dominance are satisfied.”
• Inflation Targeting: What Have We Learned? (2009, background): “Various authors have provided definitions of inflation targeting (Bernanke et al. 1999; Amato and Gerlach 2002; Mishkin and Schmidt-Hebbel 2007), but at a minimum the central bank must formally announce an inflation target and the central bank’s policy instrument must be adjusted in a manner consist”
• The Macroeconomic Effects of Inflation Targeting (2004, methodology): “7 See also Ammer and Freeman (1995), Laubach and Posen (1997), Almeida and Goodhart (1998), and Corbo et al.”
• Monetary policy in emerging markets: Can liability dollarization explain contractionary devaluations? (2004, background): “Since the East Asian crisis, Malaysia has implemented a pegged exchange rate while a number of countries (including Korea, the Philippines and Thailand) have since adopted inflation targeting regimes (see Amato and Gerlach [2]).”
• Explicit Inflation Objectives and Macroeconomic Outcomes (2004, methodology): “17 See Amato and Gerlach (2002), Blejer, Ize, Leone and Werland (2000), Cukierman, Miller and Neyapti (2002) and Mishkin (2000).”
• Living with Flexible Exchange Rates: Issues and Recent Experience in Inflation Targeting Emerging Market Economies (2003, unknown): “Indeed, the experience of recent years shows that 6 Amato and Gerlach (2002) point out that some countries (eg Chile and Israel) formally incorporated an exchange rate target range/path in their inflation targeting framework, at least in the transition phase.”