1.

Record Nr.

UNINA9910955024303321

Autore

Peter Marcel

Titolo

Implementing Inflation Targeting : : Institutional Arrangements, Target Design, and Communications / / Marcel Peter, Scott Roger, Geoffrey Heenan

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2006

ISBN

9786613828439

9781462386116

1462386113

9781452715827

1452715823

9781283515986

1283515989

9781451909913

1451909918

Edizione

[1st ed.]

Descrizione fisica

1 online resource (59 p.)

Collana

IMF Working Papers

Altri autori (Persone)

HeenanGeoffrey

RogerScott

Soggetti

Anti-inflationary policies

Inflation (Finance)

Monetary policy

Banking

Banks and Banking

Banks and banking

Banks

Communications in revenue administration

Deflation

Depository Institutions

Government policy

Inflation targeting

Inflation

Macroeconomics

Micro Finance Institutions

Monetary economics

Monetary Policy

Money and Monetary Policy

Mortgages

Price Level



Price stabilization

Prices

Public finance & taxation

Public Finance

Revenue

Taxation, Subsidies, and Revenue: General

New Zealand

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

"December 2006."

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

""Contents""; ""I. OVERVIEW""; ""II. INSTITUTIONAL ARRANGEMENTS""; ""III. INFLATION TARGET DESIGN""; ""IV. MONETARY POLICY COMMUNICATIONS""; ""Appendix. The Inflation Report""; ""REFERENCES""

Sommario/riassunto

Transparency is a central element in most aspects of the design and operation of inflation targeting regimes. This paper focuses on three elements of inflation targeting most closely associated with transparency: (i) the institutional arrangements supporting inflation targeting; (ii) the specification of the inflation target; and (iii) the central bank's policy communications. The paper is primarily aimed at providing practical advice to countries planning to develop an inflation targeting framework, but many of the issues are relevant for any credible, independent monetary policy.