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From Monetary Targeting to Inflation Targeting : Lessons from the Industrialized Countries

The author examines changes in monetary policy in industrial countries by evaluating, and providing case studies of monetary targeting, and inflation targeting. Inflation targeting has successfully controlled inflation, with some qualifications. It...

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Bibliographic Details
Main Author: Mishkin, Frederic S.
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
AGGREGATE DEMAND
ANNUAL INFLATION
ANNUAL INFLATION RATE
ASSET PRICES
BANK DEPOSITS
CASH RATE
CENTRAL BANK
CENTRAL BANKS
COMMERCIAL BANKS
CONTROL OF INFLATION
DEFLATION
DEVALUATION
DISINFLATION
ECONOMIC ACTIVITY
ECONOMIC GROWTH
ECONOMIC PERFORMANCE
ECONOMIC RESEARCH
EXCHANGE RATE
EXCHANGE RATE DEPRECIATION
EXCHANGE RATES
EXPANSIONARY MONETARY POLICY
EXPORTS
FINANCIAL INNOVATION
FINANCIAL MARKET STABILITY
FINANCIAL SECTOR
GDP
GROWTH RATE
GROWTH RATES
HIGH
HIGH INFLATION
HIGH PRIORITY
INDUSTRIAL COUNTRIES
INFLATION
INFLATION CONCERNS
INFLATION PROCESS
INFLATION RATE
INFLATION RATES
INFLATION RISING
INFLATION TARGET
INFLATION TARGETING
INFLATION TARGETING REGIME
INFLATION TARGETS
INSTITUTIONAL CHANGES
INSTITUTIONAL STRUCTURE
INTEREST RATE
INTEREST RATES
INTERNATIONAL EXPERIENCE
LIQUIDITY
LOW INFLATION
M2
M3
MONETARY AGGREGATE
MONETARY AGGREGATES
MONETARY AUTHORITIES
MONETARY BASE
MONETARY POLICY
MONETARY TARGETING
MONEY BASE
MONEY GROWTH
NOMINAL ANCHOR
NOMINAL INCOME
OPEN ECONOMIES
OUTPUT GROWTH
POLICY INSTRUMENTS
POLICY RESEARCH
POLICY TARGETS
POTENTIAL OUTPUT
PRICE INCREASES
PRICE LEVEL
PRICE STABILITY
PUBLIC SECTOR
QUANTITY THEORY
REAL OUTPUT
REDUCING INFLATION
RESERVE
RESURGENCE OF INFLATION
RISE IN INFLATION
TERMS OF TRADE
TERMS OF TRADE SHOCK
TIGHT MONETARY POLICY
TRANSPARENCY
TRUSTS
UNEMPLOYMENT
Online Access:http://documents.worldbank.org/curated/en/2001/10/1614818/monetary-targeting-inflation-targeting-lessons-industrialized-countries
http://hdl.handle.net/10986/19531

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