Add to ORKGThe 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
From page 1 -- 'A number of commentators have suggested that central banks should reconsider the des...
The mainstream inflation-targeting literature makes the strong assumption that the central bank can ...
This article provides an overview of inflation-forecast targeting (IFT) to build credibility and mai...
The following are comments in response to Lars Svensson's "Targeting versus Instrument Rules for Mon...
The purpose of the paper is to survey and discuss inflation targeting in the context of monetary pol...
Most recent research on monetary-policy rules is restricted to consider a commitment to simple instr...
Inflation targets in Sweden: an outsider’s view The paper by Berg and Gröttheim (1997), which is sim...
From page 15-- 'Here I survey some of the most important conclusions of this literature. I shall beg...
McCallum and Nelson's (2004) criticism of targeting rules for the analysis of monetary policy is reb...
Monetary policy is often analysed in terms of simple rules. Such rules may be useful for many purpos...
Forecast targeting is an innovation in central banking that represents an important step toward more...
In this paper a macro- economic model in the area of monetary policy game theory is extended to one-...
2The purpose of this paper is to explore the connection between the monetary transmission mechanism—...
In this paper a small econometric model with model-consistent expectations is adopted for the euro z...
This paper characterizes optimal monetary policy for a range of alternative economic models in terms...
From page 1 -- 'A number of commentators have suggested that central banks should reconsider the des...
The mainstream inflation-targeting literature makes the strong assumption that the central bank can ...
This article provides an overview of inflation-forecast targeting (IFT) to build credibility and mai...
The following are comments in response to Lars Svensson's "Targeting versus Instrument Rules for Mon...
The purpose of the paper is to survey and discuss inflation targeting in the context of monetary pol...
Most recent research on monetary-policy rules is restricted to consider a commitment to simple instr...
Inflation targets in Sweden: an outsider’s view The paper by Berg and Gröttheim (1997), which is sim...
From page 15-- 'Here I survey some of the most important conclusions of this literature. I shall beg...
McCallum and Nelson's (2004) criticism of targeting rules for the analysis of monetary policy is reb...
Monetary policy is often analysed in terms of simple rules. Such rules may be useful for many purpos...
Forecast targeting is an innovation in central banking that represents an important step toward more...
In this paper a macro- economic model in the area of monetary policy game theory is extended to one-...
2The purpose of this paper is to explore the connection between the monetary transmission mechanism—...
In this paper a small econometric model with model-consistent expectations is adopted for the euro z...
This paper characterizes optimal monetary policy for a range of alternative economic models in terms...
From page 1 -- 'A number of commentators have suggested that central banks should reconsider the des...
The mainstream inflation-targeting literature makes the strong assumption that the central bank can ...
This article provides an overview of inflation-forecast targeting (IFT) to build credibility and mai...