Advancing the Frontiers of Monetary Policy
Summary:
Contributors working at the International Monetary Fund present 14 chapters on the development of monetary policy over the past quarter century through the lens of the evolution of inflation-forecast targeting. They describe the principles and practices of inflation-forecast targeting, including managing expectations, the implementation of a forecasting and policy analysis system, monetary operations, monetary policy and financial stability, financial conditions, and transparency and communications; aspects of inflation-forecast targeting in Canada, the Czech Republic, India, and the US; and monetary policy challenges faced by low-income countries and how inflation-forecast targeting can provide an anchor in countries with different economic structures and circumstances.
Series:
Books
Subject:
Banking Central bank policy rate Financial services Inflation Inflation targeting Monetary policy Output gap Prices Production Real interest rates
English
Publication Date:
April 13, 2018
ISBN/ISSN:
9781484325940
Stock No:
EFMPEA
Pages:
296
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