Series: IMF Working Papers
Author(s): Jean-Louis Combes , Xavier Debrun , Alexandru Minea , and Rene Tapsoba
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 28 May 2014
Keywords: institutional reform sequencing, inflation, inflation rate, terms of trade, Monetary Policy (Targets, Instruments, and Effects), Comparative or Joint Analysis of Fiscal and Monetary or Stabilization Policy, Deficit,
The paper examines the joint impact of inflation targeting (IT) and fiscal rules (FR) on fiscal behavior and inflation in a broad panel of advanced and developing economies over the period 1990-2009. The main contr...