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...

Полное описание

Библиографические подробности
Главный автор: Issing, Otmar
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2011.
Серии:IMF Working Papers; Working Paper ; No. 2011/097
Online-ссылка:Full text available on IMF