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Record Nr. |
UNINA9910464563903321 |
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Autore |
Roger Scott |
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Titolo |
Inflation targeting at 20 [[electronic resource] ] : achievements and challenges / / prepared by Scott Roger |
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Pubbl/distr/stampa |
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[Washington, D.C.], : International Monetary Fund, MCM, 2009 |
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ISBN |
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1-4623-5576-5 |
1-4527-0869-X |
1-282-84437-7 |
9786612844379 |
1-4518-7383-2 |
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Descrizione fisica |
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1 online resource (51 p.) |
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Collana |
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IMF working paper ; ; WP/09/236 |
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Disciplina |
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Soggetti |
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Inflation (Finance) |
Banks and banking, Central |
Monetary policy |
Electronic books. |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Nota di contenuto |
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Cover Page; Title Page; Copyright Page; Contents; I. Introduction; II. The Shift Toward Inflation Targeting; III. Elements of Inflation Targeting Frameworks; A. Central Bank Mandates; B. Policy Accountability and Transparency; C. Inflation Targets; D. Policy Formulation and Implementation; IV. Performance Under Inflation Targeting; A. Performance in Achieving Inflation Targets; B. Macroeconomic Performance under Alternative Monetary Policy Regimes; C. Resilience of Inflation Targeting; V. Issues and Challenges for Inflation Targeting |
A. Adapting Inflation Targeting to Emerging Market and Developing CountriesB. Inflation Targeting and Financial Stability; Footnotes |
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Sommario/riassunto |
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This paper provides an overview of inflation targeting frameworks and macroeconomic performance under inflation targeting. Inflation targeting frameworks are generally quite similar across countries, and a broad consensus has developed in favor of ""flexible"" inflation targeting. The evidence shows that, although inflation target ranges are missed frequently in most countries, the inflation and growth |
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