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Inflation, Inflation Variability, and Corruption

โœ Scribed by Miguel Braun; Rafael Di tella

Book ID
111058580
Publisher
John Wiley and Sons
Year
2004
Tongue
English
Weight
205 KB
Volume
16
Category
Article
ISSN
0954-1985

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This paper investigates whether inflation-targeting programs have altered the pattern of inflation and its variability for five developed countries and four emerging economies implementing inflation-targeting programs. A GARCH specification is used to model inflation variability, which accounts for