Optimal inflation targeting: further developments of inflation targeting

dc.contributor.author	Svensson, Lars E. O.
dc.coverage.spatial	NUEVA ZELANDIA	es_ES
dc.date.accessioned	2019-11-01T00:04:06Z
dc.date.available	2019-11-01T00:04:06Z
dc.date.issued	2007
dc.description	Inflation targeting was first introduced in 1990, in New Zealand. Since then it has been adopted by more than twenty countries. This period of fifteen years has seen major progress in practical monetary policy. In particular, the practice of inflation targeting has led to a more systematic and consistent internal decision process (Brash, 2000, Sims, 2002, Svensson 2001a), much more transparent communication with the private sector (Blinder and others, 2001, Fracasso, Genberg, and Wyplosz, 2003, Leeper, 2003), and an unprecedented degree of accountability. The monetary and real stability achieved is exceptional from a historical perspective (King, 2002).
dc.file.name	BCCh-sbc-v11-p187_225
dc.format	.pdf
dc.format.extent	Sección o Parte de un Documento
dc.format.medium	p. 187-225
dc.identifier.isbn	978-956-7421-28-2
dc.identifier.uri	https://hdl.handle.net/20.500.12580/3722
dc.language.iso	eng
dc.publisher	Banco Central de Chile
dc.relation.ispartof	Series on Central Banking, Analysis, and Economic Policies, no. 11
dc.rights	Attribution-NonCommercial-NoDerivs 3.0 Chile	*
dc.rights.uri	http://creativecommons.org/licenses/by-nc-nd/3.0/cl/	*
dc.subject	INFLACIÓN	es_ES
dc.subject	POLÍTICA MONETARIA	es_ES
dc.title	Optimal inflation targeting: further developments of inflation targeting
dc.type.doc	Artículo

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