IMF paper examines emerging market counter-cyclical monetary policy

Emerging markets

A group of researchers at the IMF have used a "large sample" of emerging markets over the past 50 years to study how monetary policy in emerging economies can best be used in a counter-cyclical fashion.

The paper, Monetary Policy in Emerging Markets: Taming the Cycle by Donal McGettigan, Kenji Moriyama, Noah Ndela Ntsama, Francois Painchaud, Haonan Qu and Chad Steinberg, comes down in favour of inflation-targeting regimes, saying inflation targeting has an "economically meaningful impact" on

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.