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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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