Inflation Targeting in Practice /

In recent years, an inflation targeting framework for monetary policy has been adopted in a number of industrial countries. This paper discusses the practical issues that have arisen under the operation of the new framework, and highlights five features of the framework: the assignment of the target...

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Bibliografski detalji
Glavni autor: Debelle, Guy
Format: Žurnal
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 1997.
Serija:IMF Working Papers; Working Paper ; No. 1997/035
Online pristup:Full text available on IMF
Opis
Sažetak:In recent years, an inflation targeting framework for monetary policy has been adopted in a number of industrial countries. This paper discusses the practical issues that have arisen under the operation of the new framework, and highlights five features of the framework: the assignment of the target, the interaction with other policy goals, the definition of the target, accountability and the role of inflation forecasts. The economic performance of the inflation targeting countries thus far is summarized.
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Opis:1 online resource (34 pages)
Format:Mode of access: Internet
ISSN:1018-5941
Pristup:Electronic access restricted to authorized BRAC University faculty, staff and students