Essays on the interactions between inflation targeting strategies and their institutional framework : An application to emerging economies
type: Dataset
contact point: Organization
  fn: CCSD
keyword: economies-emergentes
keyword: theses
keyword: shsecohumanities-and-social-scienceseconomics-and-finance
keyword: emerging-economies
keyword: cadre-institutionnel
keyword: modeles-var
keyword: infoeu-reposemanticsdoctoralthesis
keyword: ciblage-dinflation
keyword: politique-de-change
keyword: inflation-targeting
keyword: fiscal-policy
keyword: econometrie-des-donnees-de-panel
keyword: exchange-rate-policy
keyword: institutional-framework
keyword: econometrics-of-panel-data
keyword: var-models
keyword: politique-budgetaire
landing page: https://theses.hal.science/tel-00952280
description: This thesis deals with the interactions between inflation targeting strategies and their institutional framework inemerging economies. More precisely, empirical investigations conducted in this thesis aim to study the role ofthe institutional framework in the conduct and efficiency of inflation targeting. To this end, we proceed in twosteps. First, we consider the institutional framework as exogenous to inflation targeting adoption and analyzewhether this framework has impacted macroeconomic performance of inflation targeting countries. Thus, afterlaying the conceptual background of inflation targeting and showing the importance of economic andinstitutional prerequisites in the choice of emerging countries of adopting this monetary policy strategy (chapter1), we show that some institutional conditions can strengthen the performance of inflation targeting countries interms of inflation level and volatility (chapter 2). Then, in a second step, we consider the institutionalframework as endogenous to inflation targeting and analyze the response of authorities to the adoption of thismonetary policy strategy. The first result that emerges is that the adoption of inflation targeting provides strongincentives to government for improving fiscal discipline, especially the collection of domestic tax revenue(chapter 3). Finally, we analyze the exchange rate policy of inflation targeting emerging economies and showthat the pursuit of two nominal targets, inflation and exchange rate, can be counterproductive in terms ofmacroeconomic performance, more particularly when this exchange rate management is motivated by financialstability considerations (chapitre 4). Hence the importance for inflation targeting candidates of conductingstructural reforms to increase financial development.
identifier: NNT: 2012ORLE0508
issued: 2026-05-06T05:43:45.366859
language: fr
modified: 2026-05-06T05:43:45.366864

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type: Agent

Essays on the interactions between inflation targeting strategies and their institutional framework : An application to emerging economies
type: Distribution
access URL: https://theses.hal.science/tel-00952280
format: HTML
issued: 2026-05-06T05:43:45.388809
modified: 2026-05-06T05:43:45.340481