Inflation targeting in financially stable economies: has it been flexible enough?

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dc.contributor.authorCalani Cadena, Miguel Mauricio
dc.contributor.authorCowan, Kevin, 1970-
dc.contributor.authorGarcía Silva, Pablo
dc.date.accessioned2019-11-01T00:05:16Z
dc.date.available2019-11-01T00:05:16Z
dc.date.issued2011
dc.descriptionThe international financial crisis and Great Recession of 2008- 09 called for a range of significant policy measures by central banks beyond aggressive interest rate cuts. Measures have ranged from improving international coordination to purchasing local private loan portfolios and direct intervention in both foreign currency forward and spot markets. For formal inflation-targeting (IT) central banks a natural question has arisen about whether IT frameworks have been flexible enough to accommodate these diverse policy responses in such a challenging environment or whether IT restricted their room of maneuver.
dc.file.nameBCCh-sbc-v16-p283_368
dc.format.pdf
dc.format.extentSección o Parte de un Documento
dc.format.mediump. 283-368
dc.identifier.isbn978-956-7421-35-0
dc.identifier.urihttps://hdl.handle.net/20.500.12580/3883
dc.language.isoeng
dc.publisherBanco Central de Chile
dc.relation.ispartofSeries on Central Banking Analysis and Economic Policies no. 16
dc.rightsAttribution-NonCommercial-NoDerivs 3.0 Chile*
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/cl/*
dc.subjectINFLACIÓNes_ES
dc.subjectCRISIS FINANCIERAes_ES
dc.subjectCRISIS ECONÓMICA 2008es_ES
dc.subjectBANCOS CENTRALESes_ES
dc.subjectTASAS DE INTERÉSes_ES
dc.titleInflation targeting in financially stable economies: has it been flexible enough?
dc.type.docArtículo

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