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Inflation targeting : lessons from the international experience /

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: publi...

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Bibliographic Details
Call Number:Libro Electrónico
Other Authors: Bernanke, Ben
Format: Electronic eBook
Language:Inglés
Published: Princeton, N.J. : Princeton University Press, ©1999.
Subjects:
Online Access:Texto completo
Table of Contents:
  • 1. Introduction
  • 2. The rationale for inflation targeting
  • 3. Issues of design and implementation
  • 4. German and Swiss monetary targeting: precursors to inflation targeting
  • 5. New Zealand: inflation-targeting pioneer
  • 6. Canada: inflation targets as tools of communication
  • 7. United Kingdom: the Central Bank as counterinflationary conscience
  • 8. Sweden: searching for a nominal anchor
  • 9. Three small open economies: Israel, Australia, and Spain
  • 10. Inflation targeting: how successful has it been?
  • 11. What have we learned?
  • 12. Inflation targeting for the United States and the European Monetary Union.