Inflation Targeting

Inflation Targeting (2010)

by Lars E. O. Svensson

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Datum	Value	Source
TITLE	Inflation Targeting	user correction
AUTHOR NAME	Lars E. O. Svensson	user correction
AUTHOR AFFIL	Sveriges Riksbank	user correction
ABSTRACT	Inflation targeting is a monetary-policy strategy that is characterized by an announced numerical inflation target, an implementation of monetary policy that gives a major role to an inflation forecast and has been called forecast targeting, and a high degree of transparency and accountability. It was introduced in New Zealand in 1990, has been very successful in terms of stabilizing both inflation and the real economy, and has, as of 2010, been adopted by about 25 industrialized and emerging-market economies. The chapter discusses the history, macroeconomic effects, theory, practice, and future of inflation targeting.	SVM HeaderParse 0.2
YEAR	2010	user correction
CITATIONS	171 found	ParsCit 1.0