NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Is Inflation Targeting Still On Target?

Luis Felipe Céspedes, Roberto Chang, Andrés Velasco

NBER Working Paper No. 18570
Issued in November 2012

---- Acknowledgements -----

We are grateful to Alessandro Rebucci and Andrew Powell for very useful comments and suggestions. We also acknowledge the financial support of the Inter American Development Bank. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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