Holdings: Why Inflation Targeting?

Why Inflation Targeting?:

This is the second chapter of a forthcoming monograph entitled ""On Implementing Full-Fledged Inflation-Targeting Regimes: Saying What You Do and Doing What You Say."" We begin by discussing the costs of inflation, including their role in generating boom-bust cycles. Following a...

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Main Author:	Freedman, Charles (Author)
Format:	Electronic eBook
Language:	English
Published:	Washington, D.C International Monetary Fund 2009
Series:	IMF Working Papers Working Paper No. 09/86
Online Access:	UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext
Summary:	This is the second chapter of a forthcoming monograph entitled ""On Implementing Full-Fledged Inflation-Targeting Regimes: Saying What You Do and Doing What You Say."" We begin by discussing the costs of inflation, including their role in generating boom-bust cycles. Following a general discussion of the need for a nominal anchor, we describe a specific type of monetary anchor, the inflation-targeting regime, and its two key intellectual roots-the absence of long-run trade-offs and the time-inconsistency problem. We conclude by providing a brief introduction to the way in which inflation targeting works
Physical Description:	1 Online-Ressource (25 p)
ISBN:	145187233X 9781451872330

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spelling	Freedman, Charles Verfasser aut Why Inflation Targeting? Freedman, Charles Washington, D.C International Monetary Fund 2009 1 Online-Ressource (25 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 09/86 This is the second chapter of a forthcoming monograph entitled ""On Implementing Full-Fledged Inflation-Targeting Regimes: Saying What You Do and Doing What You Say."" We begin by discussing the costs of inflation, including their role in generating boom-bust cycles. Following a general discussion of the need for a nominal anchor, we describe a specific type of monetary anchor, the inflation-targeting regime, and its two key intellectual roots-the absence of long-run trade-offs and the time-inconsistency problem. We conclude by providing a brief introduction to the way in which inflation targeting works Online-Ausg Laxton, Douglas Sonstige oth http://elibrary.imf.org/view/IMF001/10087-9781451872330/10087-9781451872330/10087-9781451872330.xml Verlag URL des Erstveröffentlichers Volltext
spellingShingle	Freedman, Charles Why Inflation Targeting?
title	Why Inflation Targeting?
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title_full	Why Inflation Targeting? Freedman, Charles
title_fullStr	Why Inflation Targeting? Freedman, Charles
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