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    • A new test for the success of inflation targeting 

      Powell, Andrew; Cohen Sabbán, Verónica; González-Rozada, Martín (Universidad Torcuato Di Tella. Escuela de Negocios. Centro de Investigaciones en Finanzas (CIF), 2003)
      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 ...