1.

Record Nr.

UNINA990002880480403321

Autore

Shaw, E. R.

Titolo

Changes in organisational structures in banking / E.R. Shaw

Pubbl/distr/stampa

Bangor : Institute of European Finance University College of North Wales, 1990

Descrizione fisica

9 p., grafici ; 21 cm

Collana

Research papers in banking and finance / University College of North Wales ; 90/21

Locazione

ECA

Collocazione

ZC-26-TB

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

2.

Record Nr.

UNINA9910971408703321

Titolo

The inflation-targeting debate / / edited by Ben S. Bernanke and Michael Woodford

Pubbl/distr/stampa

Chicago, : University of Chicago Press, c2005

ISBN

9786611125318

9781281125316

1281125318

9780226044736

0226044734

Edizione

[1st ed.]

Descrizione fisica

1 online resource (468 p.)

Collana

National Bureau of Economic Research--studies in business cycles ; ; v. 32

Altri autori (Persone)

BernankeBen

WoodfordMichael <1955->

Disciplina

332.4/1

Soggetti

Inflation (Finance)

Monetary policy

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia



Note generali

"This volume grew out of a National Bureau of Economic Research (NBER) conference on inflation targeting held in Bal Harbour, Florida, in January 2003"--p. ix.

Nota di bibliografia

Includes bibliographical references and indexes.

Nota di contenuto

What has inflation targeting achieved? / Mervyn King -- Implementing optimal policy through inflation-forecast targeting / Lars E.O. Svensson and Michael Woodford -- Optimal inflation-targeting rules / Marc P. Giannoni and Michael Woodford -- Inflation targeting, price-path targeting, and output variability / Stephen G. Cecchetti and Junhan Kim -- Imperfect knowledge, inflation expectations, and monetary policy / Athanasios Orphanides and John C. Williams -- Does inflation targeting matter? / Laurence Ball and Niamh Sheridan -- Limits to inflation targeting / Christopher A. Sims -- Inflation targeting in the United States? / Marvin Goodfriend -- Inflation targeting in transition economies : experience and prospects / Jiri Jonas and Frederic S. Mishkin -- Inflation targeting and sudden stops / Ricardo J. Caballero and Arvind Krishnamurthy.

Sommario/riassunto

Over the past fifteen years, a significant number of industrialized and middle-income countries have adopted inflation targeting as a framework for monetary policymaking. As the name suggests, in such inflation-targeting regimes, the central bank is responsible for achieving a publicly announced target for the inflation rate. While the objective of controlling inflation enjoys wide support among both academic experts and policymakers, and while the countries that have followed this model have generally experienced good macroeconomic outcomes, many important questions about inflation targeting remain. In Inflation Targeting, a distinguished group of contributors explores the many underexamined dimensions of inflation targeting-its potential, its successes, and its limitations-from both a theoretical and an empirical standpoint, and for both developed and emerging economies. The volume opens with a discussion of the optimal formulation of inflation-targeting policy and continues with a debate about the desirability of such a model for the United States. The concluding chapters discuss the special problems of inflation targeting in emerging markets, including the Czech Republic, Poland, and Hungary.