Inflation Targeting : Lessons from the International Experience /

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Federal Reserve and the European Central Bank should adopt this strategy, and they make specific proposals for doing so.

Detalles Bibliográficos
Otros Autores: Bernanke, Ben
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Princeton, N.J. : Princeton University Press, 1999.
Colección:Book collections on Project MUSE.
Temas:
Monetary policy.
Anti-inflationary policies.
BUSINESS & ECONOMICS > Finance.
Politique monetaire > Études de cas.
Inflation > Politique gouvernementale > Études de cas.
Inflation.
Inflation > Politique gouvernementale.
Politique monetaire.
Ciblage d'inflation.
Inflation, Economic
Inflation targeting.
Inflation (Finance)
Monetary policy > Case studies.
Anti-inflationary policies > Case studies.
Case studies.
Electronic books.
Acceso en línea:Texto completo
Descripción
Sumario:Federal Reserve and the European Central Bank should adopt this strategy, and they make specific proposals for doing so.
How should governments and central banks use monetary policy to create a healthy economy? Traditionally, policymakers have used such strategies as controlling the growth of the money supply or pegging the exchange rate to a stable currency. In recent years a promising new approach has emerged: publicly announcing and pursuing specific targets for the rate of inflation. This book is an in-depth study of inflation targeting. Combining penetrating theoretical analysis with detailed empirical studies of countries where inflation targeting has been adopted, the authors show that the strategy has clear advantages over traditional policies. They argue that the U.S.
Descripción Física:1 online resource: illustrations
ISBN:9780691187396

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