From monetary targeting to inflation targeting: lessons from the industrialized countries
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...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
World Bank, Financial Sector Strategy and Policy Department
2001
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| Schriftenreihe: | Policy research working paper
2684 |
| Schlagworte: | |
| Online-Zugang: | BSB01 EUV01 HTW01 FHI01 IOS01 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 |
| Beschreibung: | 1 Online-Ressource |
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| 245 | 1 | 0 | |a From monetary targeting to inflation targeting |b lessons from the industrialized countries |c Frederic S. Mishkin |
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| 520 | 3 | |a 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 | |
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Datensatz im Suchindex
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| discipline | Wirtschaftswissenschaften |
| discipline_str_mv | Wirtschaftswissenschaften |
| format | Electronic eBook |
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| language | English |
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| spelling | Mishkin, Frederic S. Verfasser aut From monetary targeting to inflation targeting lessons from the industrialized countries Frederic S. Mishkin Washington, D.C World Bank, Financial Sector Strategy and Policy Department 2001 1 Online-Ressource txt rdacontent c rdamedia cr rdacarrier Policy research working paper 2684 "October 2001 Includes bibliographical references (p. 31-35) Title from title screen as viewed on Aug. 26, 2002 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 Online-Ausg Also available in print Inflation targeting Developed countries Monetary policy Developed countries World Bank Financial Sector Strategy and Policy Group oth Mishkin, Frederic S From monetary targeting to inflation targeting http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-2684 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Mishkin, Frederic S. From monetary targeting to inflation targeting lessons from the industrialized countries Inflation targeting Developed countries Monetary policy Developed countries |
| title | From monetary targeting to inflation targeting lessons from the industrialized countries |
| title_auth | From monetary targeting to inflation targeting lessons from the industrialized countries |
| title_exact_search | From monetary targeting to inflation targeting lessons from the industrialized countries |
| title_exact_search_txtP | From monetary targeting to inflation targeting lessons from the industrialized countries |
| title_full | From monetary targeting to inflation targeting lessons from the industrialized countries Frederic S. Mishkin |
| title_fullStr | From monetary targeting to inflation targeting lessons from the industrialized countries Frederic S. Mishkin |
| title_full_unstemmed | From monetary targeting to inflation targeting lessons from the industrialized countries Frederic S. Mishkin |
| title_short | From monetary targeting to inflation targeting |
| title_sort | from monetary targeting to inflation targeting lessons from the industrialized countries |
| title_sub | lessons from the industrialized countries |
| topic | Inflation targeting Developed countries Monetary policy Developed countries |
| topic_facet | Inflation targeting Developed countries Monetary policy Developed countries |
| url | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-2684 |
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