Please use this identifier to cite or link to this item: http://earsiv.odu.edu.tr:8080/xmlui/handle/11489/3341
Full metadata record
DC FieldValueLanguage
dc.contributor.authorGuler, Asli-
dc.date.accessioned2023-01-06T09:01:06Z-
dc.date.available2023-01-06T09:01:06Z-
dc.date.issued2021-
dc.identifier.citationGuler, A. (2021). Does Monetary Policy Credibility Help in Anchoring Inflation Expectations? Evidence from Six Inflation Targeting Emerging Economies. Journal of Central Banking the ory and Practice, 10(1), 93-111.Doi:10.2478/jcbtp-2021-0005en_US
dc.identifier.isbn1800-9581-
dc.identifier.isbn2336-9205-
dc.identifier.urihttp://dx.doi.org/10.2478/jcbtp-2021-0005-
dc.identifier.urihttps://www.webofscience.com/wos/woscc/full-record/WOS:000625570900005-
dc.identifier.urihttp://earsiv.odu.edu.tr:8080/xmlui/handle/11489/3341-
dc.descriptionWoS Categories : Business, Finance Web of Science Index : Emerging Sources Citation Index (ESCI) Research Areas : Business & Economics Open Access Designations : golden_US
dc.description.abstractMost emerging market central banks have adopted inflation targeting as their monetary policy system. The heart of inflation targeting system is inflation expectations. The success of a central bank in achieving targets depends on to the extent to which inflation expectations are formed by the announced targets. As the credibility of the central bank increases, its ability to affect the public expectation also increases. The public adjusts its inflation expectations based on announced inflation target only in case of that they believe that the central bank has the sufficiency to reach the inflation target. Credibility enables expectation to be formed in a forward-looking way by weakening its connection with the past. This study aims to contribute to the literature concerning the effects of credibility on monetary policy. For this purpose, using data of six emerging inflation targeting economies (Turkey, Brazil, the Czech Republic, Chile, Poland, and South Africa), the empirical tests were carried out in order to understand the effect of the credibility on the behaviour of inflation expectation in emerging economies. The findings denote that credibility is quite relevant to reduce inflation expectations and contributes to the strength of inflation targets being an anchor for inflation expectations.en_US
dc.language.isoengen_US
dc.publisherSCIENDO WARSAWen_US
dc.relation.isversionof10.2478/jcbtp-2021-0005en_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectCENTRAL BANK CREDIBILITY; EXPECTED INFLATION; DISCRETION; RULES; INDEPENDENCE; REPUTATION; MODELen_US
dc.subjectCredibility; Inflation Expectations; Nominal Anchor; Inflation Targetingen_US
dc.titleDoes Monetary Policy Credibility Help in Anchoring Inflation Expectations? Evidence from Six Inflation Targeting Emerging Economiesen_US
dc.typearticleen_US
dc.relation.journalJOURNAL OF CENTRAL BANKING THEORY AND PRACTICEen_US
dc.contributor.departmentOrdu Üniversitesien_US
dc.contributor.authorID0000-0002-2900-1184en_US
dc.identifier.volume10en_US
dc.identifier.issue1en_US
dc.identifier.startpage93en_US
dc.identifier.endpage111en_US
Appears in Collections:İktisat

Files in This Item:
There are no files associated with this item.


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.