Lessons for Monetary Policy : What Should the Consensus Be? /

This paper outlines important lessons for monetary policy. In particular, the role of inflation targeting, which was much acclaimed prior to the financial crisis and since then has not lost much of its endorsement, is critically reviewed. Ignoring the relation between monetary policy and asset price...

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Detalles Bibliográficos
Autor Principal: Issing, Otmar
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2011.
Series:IMF Working Papers; Working Paper ; No. 2011/097
Acceso en liña:Full text available on IMF