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Inflation Targeting: Lessons from the International Experience

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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: publicly announcing and pursuing specific targets for the rate of inflation. This book is an in-depth study of inflation targeting. Combining penetrating theoretical analysis with detailed empirical studies of countries where ...

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Inflation Targeting: Lessons from the International Experience
2001, Princeton University Press

ISBN-13: 9780691086897

Revised edition

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Inflation Targeting: Lessons from the International Experience
1998, Princeton University Press, Princeton, NJ

ISBN-13: 9780691059556

Hardcover

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