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A new test for the success of inflation targeting
| dc.rights.license | http://rightsstatements.org/page/InC/1.0/?language=es | es_AR |
| dc.contributor.author | Powell, Andrew | |
| dc.contributor.author | Cohen Sabbán, Verónica | |
| dc.contributor.author | González-Rozada, Martín | |
| dc.date.accessioned | 2017-04-07T19:07:51Z | |
| dc.date.available | 2017-04-07T19:07:51Z | |
| dc.date.issued | 2003 | |
| dc.identifier.uri | https://repositorio.utdt.edu/handle/20.500.13098/6267 | |
| dc.description.abstract | We propose a new test, derived from a set of variance decompositions of a structural VAR, for the success of inflation targeting. In contrast to standard sacrifice ratios this test considers changes in the structure of real and nominal shocks; second moment effects. We find strong support for IT with 7 of the 9 countries in our sample having negative “sacrifices” and many countries with “benefits”. However, we also find very different performances across IT countries. | |
| dc.description.sponsorship | Para cualquier uso del contenido del presente documento debe ponerse en contacto con el autor. | es_AR |
| dc.format.extent | 31 p. | |
| dc.format.medium | application/pdf | es_AR |
| dc.publisher | Universidad Torcuato Di Tella. Escuela de Negocios. Centro de Investigaciones en Finanzas (CIF) | |
| dc.relation.ispartof | Centro de Investigaciones Financieras (CIF). Documentos de trabajo 04/2003 | |
| dc.rights | info:eu-repo/semantics/restrictedAccess | es_AR |
| dc.title | A new test for the success of inflation targeting | |
| dc.type | info:eu-repo/semantics/workingPaper | |
| UTDT.rights.PDF | Sí | |
| UTDT.rights.AUT | No | |
| UTDT.source.idn | 49788 | |
| dc.audience | Researchers | |
| dc.audience | Students | |
| dc.audience | Teachers | |
| dc.type.version | info:eu-repo/semantics/acceptedVersion | es_AR |
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| UTDT.source.origin | others | |
| dc.subject.UTDT | Inflación |
