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Inflation Targeting: Recent Challenges (Paperback)

Roman Horvath

ISBN 10: 3639244540 / ISBN 13: 9783639244540
Editorial: VDM Verlag, Germany, 2010
Nuevos Condición: New Encuadernación de tapa blanda
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Language: English. Brand new Book. Inflation targeting regime is increasingly popular around the world and more than 20 countries adopted this regime in the 1990s and 2000s. A characteristic feature of inflation targeting is an explicit numerical target for inflation, as well as a major role for inflation forecast in monetary policy conduct due to lags in monetary transmission and a high degree of accountability and transparency. The success of inflation targeting lies in the fact that it combines the virtues of rule-based decision making with some degree of discretion. N° de ref. de la librería KNV9783639244540

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Detalles bibliográficos

Título: Inflation Targeting: Recent Challenges (...

Editorial: VDM Verlag, Germany

Año de publicación: 2010

Encuadernación: Paperback

Condición del libro: New

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Inflation targeting regime is increasingly popular around the world and more than 20 countries adopted this regime in the 1990s and 2000s. A characteristic feature of inflation targeting is an explicit numerical target for inflation, as well as a major role for inflation forecast in monetary policy conduct due to lags in monetary transmission and a high degree of accountability and transparency. The success of inflation targeting lies in the fact that it combines the virtues of rule-based decision making with some degree of discretion.

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