{"id":"https://openalex.org/W2000560296","doi":"https://doi.org/10.1111/j.1465-7287.1999.tb00686.x","title":"INFLATION TARGETING IN PRACTICE: FURTHER EVIDENCE","display_name":"INFLATION TARGETING IN PRACTICE: FURTHER EVIDENCE","publication_year":1999,"publication_date":"1999-07-01","ids":{"openalex":"https://openalex.org/W2000560296","doi":"https://doi.org/10.1111/j.1465-7287.1999.tb00686.x","mag":"2000560296"},"language":"en","primary_location":{"id":"doi:10.1111/j.1465-7287.1999.tb00686.x","doi":"https://doi.org/10.1111/j.1465-7287.1999.tb00686.x","is_oa":false,"landing_page_url":"https://doi.org/10.1111/j.1465-7287.1999.tb00686.x","pdf_url":null,"source":{"id":"https://openalex.org/S185930956","display_name":"Contemporary Economic Policy","issn_l":"1074-3529","issn":["1074-3529","1465-7287"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-class-a","anvur-scientific","cwts-core","jufo-1","norway-1","poland-70","russia-white-list-2"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Contemporary Economic Policy","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5039148925","display_name":"Jim Lee","orcid":"https://orcid.org/0000-0002-9830-3012","observed_orcids":["https://orcid.org/0000-0002-9830-3012"]},"institutions":[{"id":"https://openalex.org/I96749437","display_name":"Texas A&M University \u2013 Corpus Christi","ror":"https://ror.org/01mrfdz82","country_code":"US","type":"education","lineage":["https://openalex.org/I96749437"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"JIM LEE","raw_affiliation_strings":["Associate Professor, Department of Finance, Economics, and Decision Sciences, Texas A&M University, Corpus Christi, Tex., Phone 1\u2013361-994-2377 Fax 1\u2013630-214-3846, E-mail jlee@falcon.tamucc.edu","*This is a revised version of a paper presented at the 1998 Conference of Pacific Rim Allied Economics Organizations, Bangkok, Thailand, January 17, 1998. The author appreciates helpful comments from session participants, particularly Francisco de Asis Nadel-De Simone, and two anonymous journal referees","Associate Professor, Department of Finance, Economics, and Decision Sciences, Texas A&M University, Corpus Christi, Tex., Phone 1\u2013361-994-2377 Fax 1\u2013630-214-3846, E-mail [email protected]"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Associate Professor, Department of Finance, Economics, and Decision Sciences, Texas A&M University, Corpus Christi, Tex., Phone 1\u2013361-994-2377 Fax 1\u2013630-214-3846, E-mail jlee@falcon.tamucc.edu","institution_ids":["https://openalex.org/I96749437"]},{"raw_affiliation_string":"*This is a revised version of a paper presented at the 1998 Conference of Pacific Rim Allied Economics Organizations, Bangkok, Thailand, January 17, 1998. The author appreciates helpful comments from session participants, particularly Francisco de Asis Nadel-De Simone, and two anonymous journal referees","institution_ids":[]},{"raw_affiliation_string":"Associate Professor, Department of Finance, Economics, and Decision Sciences, Texas A&M University, Corpus Christi, Tex., Phone 1\u2013361-994-2377 Fax 1\u2013630-214-3846, E-mail [email protected]","institution_ids":["https://openalex.org/I96749437"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5039148925"],"corresponding_institution_ids":["https://openalex.org/I96749437"],"apc_list":{"value":2970,"currency":"USD","value_usd":2970},"apc_paid":null,"fwci":1.6656,"has_fulltext":false,"cited_by_count":24,"citation_normalized_percentile":{"value":0.89838175,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":88,"max":98},"biblio":{"volume":"17","issue":"3","first_page":"332","last_page":"347"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.9994999766349792,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.9994999766349792,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10503","display_name":"Global Financial Crisis and Policies","score":9.999999747378752e-05,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11059","display_name":"Market Dynamics and Volatility","score":0.0,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/inflation-targeting","display_name":"inflation targeting","score":0.996999979019165},{"id":"https://openalex.org/keywords/disinflation","display_name":"disinflation","score":0.6520000100135803},{"id":"https://openalex.org/keywords/regime-shifts","display_name":"tipping points","score":0.5770000219345093},{"id":"https://openalex.org/keywords/common-trends","display_name":"common trends","score":0.593999981880188},{"id":"https://openalex.org/keywords/small-open-economy","display_name":"small open economy","score":0.8169999718666077},{"id":"https://openalex.org/keywords/central-bank-policy-effectiveness","display_name":"central bank policy effectiveness","score":0.6930000185966492},{"id":"https://openalex.org/keywords/data-decomposition","display_name":"data decomposition","score":0.6899999976158142},{"id":"https://openalex.org/keywords/new-zealand","display_name":"New Zealand","score":0.6129999756813049},{"id":"https://openalex.org/keywords/canada","display_name":"Canada","score":0.9800000190734863},{"id":"https://openalex.org/keywords/united-kingdom","display_name":"United Kingdom","score":0.9990000128746033}],"concepts":[{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.7790924310684204},{"id":"https://openalex.org/C145162277","wikidata":"https://www.wikidata.org/wiki/Q1751675","display_name":"Cointegration","level":2,"score":0.7760799527168274},{"id":"https://openalex.org/C200941418","wikidata":"https://www.wikidata.org/wiki/Q273508","display_name":"Inflation (cosmology)","level":2,"score":0.7533755898475647},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.5609707832336426},{"id":"https://openalex.org/C185824701","wikidata":"https://www.wikidata.org/wiki/Q1193759","display_name":"Inflation targeting","level":3,"score":0.5230872631072998},{"id":"https://openalex.org/C2776502983","wikidata":"https://www.wikidata.org/wiki/Q690182","display_name":"Contrast (vision)","level":2,"score":0.5069913864135742},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.4612056612968445},{"id":"https://openalex.org/C126285488","wikidata":"https://www.wikidata.org/wiki/Q178476","display_name":"Monetary policy","level":2,"score":0.43730974197387695},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.43285268545150757},{"id":"https://openalex.org/C154945302","wikidata":"https://www.wikidata.org/wiki/Q11660","display_name":"Artificial intelligence","level":1,"score":0.0},{"id":"https://openalex.org/C33332235","wikidata":"https://www.wikidata.org/wiki/Q18362","display_name":"Theoretical physics","level":1,"score":0.0},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.0},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1111/j.1465-7287.1999.tb00686.x","doi":"https://doi.org/10.1111/j.1465-7287.1999.tb00686.x","is_oa":false,"landing_page_url":"https://doi.org/10.1111/j.1465-7287.1999.tb00686.x","pdf_url":null,"source":{"id":"https://openalex.org/S185930956","display_name":"Contemporary Economic Policy","issn_l":"1074-3529","issn":["1074-3529","1465-7287"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-class-a","anvur-scientific","cwts-core","jufo-1","norway-1","poland-70","russia-white-list-2"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Contemporary Economic Policy","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":27,"referenced_works":["https://openalex.org/W206325250","https://openalex.org/W1481840157","https://openalex.org/W1495981335","https://openalex.org/W1551187541","https://openalex.org/W1587141723","https://openalex.org/W1979573251","https://openalex.org/W2025161033","https://openalex.org/W2060402235","https://openalex.org/W2065747393","https://openalex.org/W2066319929","https://openalex.org/W2074158860","https://openalex.org/W2076287473","https://openalex.org/W2114639238","https://openalex.org/W2116388354","https://openalex.org/W2117178635","https://openalex.org/W2140138058","https://openalex.org/W2144452471","https://openalex.org/W2153562738","https://openalex.org/W2240417568","https://openalex.org/W2325530759","https://openalex.org/W2403035479","https://openalex.org/W3022765804","https://openalex.org/W3023906401","https://openalex.org/W3124662040","https://openalex.org/W3124684786","https://openalex.org/W3125788408","https://openalex.org/W4289257849"],"related_works":["https://openalex.org/W3119306750","https://openalex.org/W2060402235","https://openalex.org/W3124564866","https://openalex.org/W655455940","https://openalex.org/W1554005581","https://openalex.org/W3211007753","https://openalex.org/W7113072392","https://openalex.org/W7045100177","https://openalex.org/W7014436519","https://openalex.org/W3121880911"],"abstract_inverted_index":{"This":[0,102],"paper":[1],"empirically":[2],"investigates":[3],"the":[4,15,18,28,74,107,118],"plausibility,":[5],"which":[6,43,110],"has":[7,30,116],"been":[8,31],"argued":[9],"but":[10],"not":[11],"fully":[12],"established,":[13],"that":[14,62],"efficacy":[16],"of":[17,34,94,120],"inflation\u2010targeting":[19],"strategy":[20],"recently":[21],"implemented":[22],"by":[23],"New":[24],"Zealand,":[25],"Canada,":[26],"and":[27,46,56,76,87],"U.K.":[29],"an":[32],"artifact":[33],"a":[35],"global":[36],"disinflationary":[37],"environment.":[38],"A":[39],"data":[40,61,84],"decomposition":[41],"procedure,":[42],"involves":[44],"cointegration":[45],"canonical":[47],"correlation":[48],"analysis,":[49],"is":[50],"used":[51],"to":[52,109],"remove":[53],"common":[54],"trend":[55],"cyclical":[57],"components":[58],"from":[59],"historical":[60],"these":[63],"three":[64],"countries":[65],"share":[66],"with":[67],"their":[68],"nontargeting":[69],"neighboring":[70],"countries,":[71],"namely,":[72],"Australia,":[73],"U.S.,":[75],"Germany,":[77],"respectively.":[78],"Simulations":[79],"based":[80],"on":[81,117],"resulting":[82],"country\u2010specific":[83],"for":[85],"inflation":[86],"other":[88],"economic":[89,114],"aggregates":[90],"reveal":[91],"scant":[92],"evidence":[93],"regime\u2010shift":[95],"effects":[96],"as":[97],"exhibited":[98],"in":[99,104,113],"observed":[100],"data.":[101],"contrast":[103],"findings":[105],"highlights":[106],"extent":[108],"cross\u2010country":[111],"synchronization":[112],"activity":[115],"performance":[119],"small":[121],"open":[122],"economies.":[123],"(JEL":[124],"C32,":[125],"E52,":[126],"E58)":[127]},"counts_by_year":[{"year":2020,"cited_by_count":1},{"year":2017,"cited_by_count":3},{"year":2016,"cited_by_count":4},{"year":2014,"cited_by_count":1},{"year":2013,"cited_by_count":1},{"year":2012,"cited_by_count":2}],"updated_date":"2026-11-07T11:25:07.637180","created_date":"2016-06-24T00:00:00"}
