Effectiveness of inflation targeting based monetary policy

Saad Salih Issa, Hameed Hasan Khalaf, Ahmed Rashid Almuain, Essia Ries Ahmed

Resumen


In this research, the performance of inflation targeting strategy was analyzed using the ordinary least square method (OLS) with the regression model for economic circumstances in Britain. The results of this investigation concluded that net lending ratio and total debt to GDP ratios have a positive and strong relationship with the inflation rate. It is concluded that the implementation of the inflation targeting policy has an impact on the economic performance in Britain. However, a proper monitoring and investigation of the current economic state are necessary before implementing inflation targeting policy.

Palabras clave


Inflation, Central Bank, Inflation Targeting

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Universidad del Zulia /Venezuela/ opción/ revistaopcion@gmail.com /ISSN: 1012-1587/ ISSNe 2477-9385


Licencia de Creative Commons
Este obra está bajo una licencia de Creative Commons Reconocimiento-NoComercial-CompartirIgual 3.0 Unported.