Advancing the frontiers of monetary policy Paperback / softback
by International Monetary Fund
Edited by Tobias Adrian, Douglas Laxton, Maurice Obstfeld
Paperback / softback
- Information
Description
How should a country implement inflation-forecast targeting for monetary policy?
This book explores the basic principles and practices.
A central theme is that managing expectations is essential for achieving the inflation target and for effectively managing short-term policy trade-offs.
The book outlines efficient operational procedures, central bank communications, financial stability issues, and the importance of incorporating financial conditions in inflation-forcast targeting.
It also reviews the experiences of Canada, the Czech Republic, India and the United States.
The analysis argues for assertive policies and maximum transparency, especially when long-term expectations tilt towards high inflation or deflation.
Information
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Available to Order - This title is available to order, with delivery expected within 2 weeks
- Format:Paperback / softback
- Pages:260 pages
- Publisher:International Monetary Fund (IMF)
- Publication Date:01/06/2018
- Category:
- ISBN:9781484325940
Information
-
Available to Order - This title is available to order, with delivery expected within 2 weeks
- Format:Paperback / softback
- Pages:260 pages
- Publisher:International Monetary Fund (IMF)
- Publication Date:01/06/2018
- Category:
- ISBN:9781484325940