Does inflation targeting really matter? Doubly robust estimation
This study examines the performance stability of firms in inflation-targeting countries before and after the 2008 global financial crisis. We use the propensity score method to analyse and compare firms in inflation-targeting and non-inflation-targeting countries. The estimation results show that fi...
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| Veröffentlicht in: | Applied economics letters 2023-07, Vol.30 (12), p.1578-1581 |
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| container_title | Applied economics letters |
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| creator | Gunji, Hiroshi |
| description | This study examines the performance stability of firms in inflation-targeting countries before and after the 2008 global financial crisis. We use the propensity score method to analyse and compare firms in inflation-targeting and non-inflation-targeting countries. The estimation results show that firms in inflation-targeting countries underperform in response to shocks. Our results suggest that inflation targeting does not necessarily mitigate an economy's response to business cycle fluctuations. |
| doi_str_mv | 10.1080/13504851.2022.2071828 |
| format | Article |
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Our results suggest that inflation targeting does not necessarily mitigate an economy's response to business cycle fluctuations.</description><subject>Business cycles</subject><subject>Companies</subject><subject>Comparative studies</subject><subject>doubly robust estimation</subject><subject>Economic analysis</subject><subject>Economic crisis</subject><subject>Economic theory</subject><subject>Economics</subject><subject>Inflation targeting</subject><subject>monetary policy</subject><subject>Propensity</subject><subject>propensity score</subject><issn>1350-4851</issn><issn>1466-4291</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2023</creationdate><recordtype>article</recordtype><recordid>eNp9kFtLwzAYhoMoOKc_QSh43Zlzkysn2zzAwBu9Dl_bdHR0zUxSZP_ezE688yYHeN7v_XgQuiV4RrDC94QJzJUgM4opTUdBFFVnaEK4lDmnmpynd2LyI3SJrkLYYoyl0nKC5ktnQ9b2TQexdX0WwW9sbPtN5i103SHbQYzWP2RLN5Tp6105hJjZENvdT-IaXTTQBXtzuqfo42n1vnjJ12_Pr4vHdV5xTmNOVVGLSgJuOJbAoakJU1jXmgCvallBoaEshQVbclZwVSrNGFdEWA2MS8Gm6G6cu_fuc0j9ZusG36dKQxVRgjNJikSJkaq8C8Hbxux9WtQfDMHmKMv8yjJHWeYkK-WyMWcr17fhL5VIUShCdULmI5JkOb-DL-e72kQ4dM43Hvoqxdj_Ld_jj3qK</recordid><startdate>20230712</startdate><enddate>20230712</enddate><creator>Gunji, Hiroshi</creator><general>Routledge</general><general>Taylor & Francis LLC</general><scope>OQ6</scope><scope>AAYXX</scope><scope>CITATION</scope><scope>8BJ</scope><scope>FQK</scope><scope>JBE</scope><orcidid>https://orcid.org/0000-0002-4399-5306</orcidid></search><sort><creationdate>20230712</creationdate><title>Does inflation targeting really matter? Doubly robust estimation</title><author>Gunji, Hiroshi</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c442t-287d5c6a0f406a4afd13809d91a4cd6ca79abb5eaeb43748b89334815e9a34653</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2023</creationdate><topic>Business cycles</topic><topic>Companies</topic><topic>Comparative studies</topic><topic>doubly robust estimation</topic><topic>Economic analysis</topic><topic>Economic crisis</topic><topic>Economic theory</topic><topic>Economics</topic><topic>Inflation targeting</topic><topic>monetary policy</topic><topic>Propensity</topic><topic>propensity score</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Gunji, Hiroshi</creatorcontrib><collection>ECONIS</collection><collection>CrossRef</collection><collection>International Bibliography of the Social Sciences (IBSS)</collection><collection>International Bibliography of the Social Sciences</collection><collection>International Bibliography of the Social Sciences</collection><jtitle>Applied economics letters</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Gunji, Hiroshi</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Does inflation targeting really matter? 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| fulltext | fulltext |
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| ispartof | Applied economics letters, 2023-07, Vol.30 (12), p.1578-1581 |
| issn | 1350-4851 1466-4291 |
| language | eng |
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| source | EBSCOhost Business Source Complete |
| subjects | Business cycles Companies Comparative studies doubly robust estimation Economic analysis Economic crisis Economic theory Economics Inflation targeting monetary policy Propensity propensity score |
| title | Does inflation targeting really matter? Doubly robust estimation |
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