Experience with monetary targeting suggests that although it successfully controlled inflation in Switzerland and especially Germany, the special conditions that made it work reasonably well in those two countries are unlikely to be satisfied elsewhere. Inflation targeting is more likely to improve...

Ausführliche Beschreibung

Bibliographische Detailangaben

1. Verfasser:	Mishkin, Frederic S. 1951- (VerfasserIn)
Format:	Elektronisch E-Book
Sprache:	English
Veröffentlicht:	Washington, D.C World Bank, Financial Sector Strategy and Policy Department 2001
Schriftenreihe:	Policy research working paper 2684
Schlagworte:	Inflation targeting > Developed countries Monetary policy > Developed countries
Online-Zugang:	Volltext
Zusammenfassung:	Experience with monetary targeting suggests that although it successfully controlled inflation in Switzerland and especially Germany, the special conditions that made it work reasonably well in those two countries are unlikely to be satisfied elsewhere. Inflation targeting is more likely to improve economic performance in countries that choose to have an independent domestic monetary policy, but there are subtleties in how inflation targeting is done. Lessons from industrial countries should be useful to central banks designing a framework for monetary policy
Beschreibung:	"October 2001. - Includes bibliographical references (p. 31-35). - Title from title screen as viewed on Aug. 26, 2002 Weitere Ausgabe: Mishkin, Frederic S: From monetary targeting to inflation targeting
Beschreibung:	1 Online-Ressource (35 Seiten)