02764nam 2200505Ia 450 991046456390332120190228031900.01-4623-5576-51-4527-0869-X1-282-84437-797866128443791-4518-7383-2(CKB)3390000000010740(EBL)1608812(OCoLC)680614160(MiAaPQ)EBC1608812(EXLCZ)99339000000001074020100308d2009 uf 0engInflation targeting at 20[electronic resource] achievements and challenges /prepared by Scott Roger[Washington, D.C.] International Monetary Fund, MCM20091 online resource (51 p.)IMF working paper ;WP/09/236"October 2009."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 TargetingA. Adapting Inflation Targeting to Emerging Market and Developing CountriesB. Inflation Targeting and Financial Stability; FootnotesThis 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 performance under inflation targeting compares very favorably with performance under alternative frameworks. Inflation targeters also tentatively appear to be coping better with the commodityIMF working paper ;WP/09/236.Inflation (Finance)Banks and banking, CentralMonetary policyElectronic books.Inflation (Finance)Banks and banking, Central.Monetary policy.339.4Roger Scott886206International Monetary Fund.Monetary and Capital Markets Dept.MiAaPQMiAaPQMiAaPQBOOK9910464563903321Inflation targeting at 202053127UNINA