Financial Development and Inflation Targeting: How Market Structure Shapes Monetary Policy Effectiveness

Description

This archive contains the cleaned replication dataset (replication_data.dta) and all Stata do-files required to reproduce the results reported in the paper, including descriptive statistics, main system-GMM regressions, and robustness checks. A master.do file orchestrates the workflow and ensures one-click replication. Documentation is provided in README_replication.txt, and a full variable dictionary is included in Variable_Dictionary.pdf. The package is tailored to the final estimation dataset and is organized for ease of replication by referees and future researchers.

Institutions

• Indian Institute of Technology Bombay

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