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Cited by 272

The DOI matches its Crossref record; 33 of the 33 references it cites were found in a registry or an index.

Inflation targeting in emerging economies: Panel evidence

Open access
Brito, Ricardo D., Bystedt, Brianne·2010·Journal of Development Economics

Abstract

This paper shows there is no evidence that the inflation targeting regime (IT) improves economic performance as measured by the behavior of inflation and output growth in developing countries. The control of common time effects results in less negative and less significant IT impacts on inflation, inflation volatility and output growth volatility than previously found in the literature. Additionally, our analysis shows robust evidence of lower output growth during IT adoption. On balance, although lower long-run mean inflation signals that the central banks of emerging economies with inflation targeting are more inflation-averse, the costs of disinflation have not been lower than under other monetary regimes.

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Crossref · 10.1016/j.jdeveco.2009.09.010

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Metadata

Authors
Brito, R. D., & Bystedt, B.
Venue
Journal of Development Economics
Publisher
Elsevier BV
Published
2010-03
Volume
91
Issue
2
Pages
198-210
ISSN
0304-3878 (ISSN-L)
OpenAlex
W1995455747
Cited by
272
References
33
FWCI
41.47
Type
journal article
Language
en
Open access
green

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CoChat. (2026). Citation check: Inflation targeting in emerging economies: Panel evidence. https://app.cochat.ai/papers/10.1016/j.jdeveco.2009.09.010
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Brito, R. D., & Bystedt, B. (2010). Inflation targeting in emerging economies: Panel evidence. Journal of Development Economics. https://doi.org/10.1016/j.jdeveco.2009.09.010

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Bibliographic data: Semantic Scholar, OpenAlex, Crossref.

Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.