Inflation targets
著者
書誌事項
Inflation targets
Centre for Economic Policy Research, c1995
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注記
"Contains revised versions of the papers presented at the workshop on 'Inflation Targets', organized jointly by the Centre for Economic Policy Research and the Innocenzo Gasparini Institute for Economic Research (IGIER) ... in Milan on 25-26 November 1994"--Pref
Includes bibliographies and index
内容説明・目次
内容説明
Since 1989, a number of countries have adopted explicit quantitative inflation targets to reduce and control inflation. This book examines the explicit regimes of Canada, Finland, New Zealand, Sweden and the UK, and compares them with the less explicit regimes of Germany, Israel, Italy and the US. The wide-ranging theoretical and empirical analysis of the role, announcement and achievement of targets, and of the institutional reforms that might be necessary to support price stability, provides the first comprehensive evaluation of the impact of inflation targets on monetary policy and inflation performance.
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