Effects of fiscal credibility on inflation expectations: evidence from an emerging economy
This paper analyses the impact of fiscal imbalances on expectations for an emerging economy with inflation targeting. In particular, based on the Colombian experience, we build a fiscal credibility index and evaluate its impact on inflation expectations for the 2004-2019 period. To analyse fiscal an...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Institute of Public Finance
2021-03-01
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| Series: | Public Sector Economics |
| Subjects: | |
| Online Access: |
http://www.pse-journal.hr/upload/files/pse/2021/1/4.pdf
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