Inflation Targeting : : Lessons from the International Experience / / Ben S. Bernanke, Adam S. Posen, Frederic S. Mishkin, Thomas Laubach.

How should governments and central banks use monetary policy to create a healthy economy? Traditionally, policymakers have used such strategies as controlling the growth of the money supply or pegging the exchange rate to a stable currency. In recent years a promising new approach has emerged: publi...

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Bibliographic Details
Superior document:Title is part of eBook package: De Gruyter Princeton University Press eBook-Package Archive 1927-1999
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Place / Publishing House:Princeton, NJ : : Princeton University Press, , [2018]
©1998
Year of Publication:2018
Language:English
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Physical Description:1 online resource
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Table of Contents:
  • Frontmatter
  • Contents
  • List of Figures
  • Preface
  • PART ONE: INFLATION TARGETING: THE ISSUES
  • 1. Introduction
  • 2. The Rationale for Inflation Targeting
  • 3. Issues of Design and Implementation
  • PART TWO: CASE STUDIES AND EMPIRICAL EVIDENCE
  • 4. German and Swiss Monetary Targeting: Precursors to Inflation Targeting
  • 5. New Zealand: Inflation-Targeting Pioneer
  • 6. Canada: Inflation Targets as Tools of Communication
  • 7. United Kingdom: The Central Bank as Counterinflationary Conscience
  • 8. Sweden: Searching for a Nominal Anchor
  • 9. Three Small Open Economies: Israel, Australia, and Spain
  • 10. Inflation Targeting: How Successful Has It Been?
  • PART THREE: CONCLUSIONS
  • 11. What Have We Learned?
  • 12. Inflation Targeting for the United States and the European Monetary Union
  • Notes
  • References
  • Index