Does inflation targeting reduce sovereign risk? Further evidence
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- 2017 Does inflation targeting reduce sovereign risk
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We examine whether adopting an inflation-targeting regime helps reduce sovereign risk premia in a sample of 64 advanced and developing countries for the period 1985–2012. We address the self-selection problem of policy adoption by applying a variety of propensity score matching methods. The results provide evidence that inflation targeting lowers sovereign risk.
Iaith wreiddiol | Saesneg |
---|---|
Tudalennau (o-i) | 237-241 |
Cyfnodolyn | Finance Research Letters |
Cyfrol | 18 |
Rhif y cyfnodolyn | August |
Dyddiad ar-lein cynnar | 23 Ebr 2016 |
Dynodwyr Gwrthrych Digidol (DOIs) | |
Statws | Cyhoeddwyd - Awst 2016 |
Cyfanswm lawlrlwytho
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