TY - BOOK ID - 138559410 TI - Inflation Expectations : Review and Evidence AU - Kose, Ayhan. AU - Matsuoka, Hideaki. AU - Panizza, Ugo G. AU - Vorisek, Dana Lauren. PY - 2019 PB - Washington, D.C. : The World Bank, DB - UniCat KW - Developing Economies KW - Economic Adjustment and Lending KW - Emerging Markets KW - Finance and Financial Sector Development KW - Financial Structures KW - Inflation KW - Inflation Expectations KW - International Economics and Trade KW - International Trade and Trade Rules KW - Macroeconomic Management KW - Macroeconomics and Economic Growth KW - Monetary Policy UR - https://www.unicat.be/uniCat?func=search&query=sysid:138559410 AB - This paper presents a comprehensive examination of the determination and evolution of inflation expectations, with a focus on emerging market and developing economies (EMDEs). The results suggest that long-term inflation expectations in EMDEs are not as well anchored as those in advanced economies, despite notable improvements over the past two decades. Indeed, in EMDEs, long-term inflation expectations are more sensitive to both domestic and global inflation shocks. However, EMDEs tend to be more successful in anchoring inflation expectations in the presence of an inflation targeting regime, high central bank transparency, strong trade integration, and a low level of public debt. ER -