Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/64096
Full metadata record
DC FieldValueLanguage
dc.contributor.authorWalsh, Carl E.en_US
dc.date.accessioned2010-11-16en_US
dc.date.accessioned2012-09-21T11:55:24Z-
dc.date.available2012-09-21T11:55:24Z-
dc.date.issued2010en_US
dc.identifier.urihttp://hdl.handle.net/10419/64096-
dc.description.abstractBy the end of the Great Moderation, over two dozen central banks were formal inflation targeters, and others, such as the Federal Reserve, the European Central Bank, and the Swiss National Bank behaved essentially as inflation targeters even though they were resistant to identifying themselves as such. However, the past three years have seen central banks faced with new challenges, and these have raised questions about the future of inflation targeting as a framework for the conduct of monetary policy. I consider three suggested modifications to this policy framework: incorporating additional goals among a central bank's objectives; raising the average target for inflation; and switching to price level targeting.en_US
dc.language.isoengen_US
dc.publisher|aSanta Cruz Inst. for International Economics |cSanta Cruz, Calif.en_US
dc.relation.ispartofseries|aWorking Papers, Santa Cruz Institute for International Economics |x10-15en_US
dc.subject.ddc330en_US
dc.subject.stwInflation Targetingen_US
dc.subject.stwPreisniveaustabilitäten_US
dc.subject.stwZinspolitiken_US
dc.subject.stwTransmissionsmechanismusen_US
dc.subject.stwWelten_US
dc.titleThe future of inflation targetingen_US
dc.typeWorking Paperen_US
dc.identifier.ppn63966699Xen_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US

Files in This Item:
File
Size
312.54 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.