Czech Magic : Implementing Inflation-Forecast Targeting at the CNB /

This paper describes the CNB's experience implementing an inflation-forecast targeting (IFT) regime, and the building of a system for providing the economic information that policymakers need to implement IFT. The CNB's experience has been very successful in establishing confidence in mone...

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Detalhes bibliográficos
Autor principal: Clinton, Kevin
Outros Autores: Hledik, Tibor, Holub, Tomas, Laxton, Douglas
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2017.
Colecção:IMF Working Papers; Working Paper ; No. 2017/021
Acesso em linha:Full text available on IMF
Descrição
Resumo:This paper describes the CNB's experience implementing an inflation-forecast targeting (IFT) regime, and the building of a system for providing the economic information that policymakers need to implement IFT. The CNB's experience has been very successful in establishing confidence in monetary policy in the Czech Republic and should provide useful guidance for other central banks that are considering adopting an IFT regime.
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Descrição Física:1 online resource (56 pages)
Formato:Mode of access: Internet
ISSN:1018-5941
Acesso:Electronic access restricted to authorized BRAC University faculty, staff and students