Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/78070 
Year of Publication: 
1998
Series/Report no.: 
CFS Working Paper No. 1998/16
Publisher: 
Goethe University Frankfurt, Center for Financial Studies (CFS), Frankfurt a. M.
Abstract: 
The purpose of the paper is to survey and discuss inflation targeting in the context of monetary policy rules. The paper provides a general conceptual discussion of monetary policy rules, attempts to clarify the essential characteristics of inflation targeting, compares inflation targeting to the other monetary policy rules, and draws some conclusions for the monetary policy of the European system of Central Banks.
Subjects: 
targets
instruments
indicators
intermediate targets
JEL: 
E42
E52
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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