About this document
Inflation Targeting and Firm Performance by Rikesh is a document available to read on EtoBox.
This study analyzes the impact of inflation targeting on firm performance in 47 developing countries from 2006 to 2020, using data from 31,027 firms. The findings indicate that inflation targeting significantly enhances firm performance, particularly in terms of sales and productivity growth, and this effect is consistent across various tests and conditions. The positive outcomes are largely attributed to the reduction of macroeconomic instability facilitated by the inflation targeting framework.
- Author
- Rikesh
- Language
- EN