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Inflation targeting at 20 : achievements and challenges / / prepared by Scott Roger



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Autore: Roger Scott Visualizza persona
Titolo: Inflation targeting at 20 : achievements and challenges / / prepared by Scott Roger Visualizza cluster
Pubblicazione: [Washington, D.C.], : International Monetary Fund, MCM, 2009
Edizione: 1st ed.
Descrizione fisica: 1 online resource (51 p.)
Disciplina: 339.4
Soggetto topico: Inflation (Finance)
Banks and banking, Central
Monetary policy
Note generali: "October 2009."
Nota di contenuto: 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
Sommario/riassunto: 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 performance under inflation targeting compares very favorably with performance under alternative frameworks. Inflation targeters also tentatively appear to be coping better with the commodity price and financial shocks in 2007-2009 than non-inflation targeters. Key issues going forward include adapting inflation targeting to emerging market and developing countries, and incorporating financial stability issues into the framework.
Titolo autorizzato: Inflation targeting at 20  Visualizza cluster
ISBN: 1-4623-5576-5
1-4527-0869-X
1-282-84437-7
9786612844379
1-4518-7383-2
Formato: Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione: Inglese
Record Nr.: 9910823359403321
Lo trovi qui: Univ. Federico II
Opac: Controlla la disponibilità qui
Serie: IMF working paper ; ; WP/09/236.