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- W2023317010 abstract "We explore the performances of inflation targeting (IT) adoption in terms of fiscal discipline (FD), while most existing studies focus exclusively on the role of FD as a precondition for IT adoption. Using a sample of developing and developed countries, we show that IT adoption exerts a positive and significant effect on FD, a result robust to a wide variety of alternative specifications. In addition, this effect is statistically significant only in developing countries, a result that may fuel the current debate regarding the relevance of IT adoption in general, and particularly for developing countries." @default.
- W2023317010 created "2016-06-24" @default.
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- W2023317010 date "2014-02-01" @default.
- W2023317010 modified "2023-10-18" @default.
- W2023317010 title "Does inflation targeting improve fiscal discipline?" @default.
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- W2023317010 doi "https://doi.org/10.1016/j.jimonfin.2013.10.002" @default.
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