bokomslag Advancing the frontiers of monetary policy
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Advancing the frontiers of monetary policy

International Monetary Fund Tobias Adrian Douglas Laxton Maurice Obstfeld



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  • 260 sidor
  • 2018
How should a country implement inflation-forecast targeting for monetary policy? This book explores the basic principles and practices. A central theme is that managing expectations is essential for achieving the inflation target and for effectively managing short-term policy trade-offs. The book outlines efficient operational procedures, central bank communications, financial stability issues, and the importance of incorporating financial conditions in inflation-forcast targeting. It also reviews the experiences of Canada, the Czech Republic, India and the United States. The analysis argues for assertive policies and maximum transparency, especially when long-term expectations tilt towards high inflation or deflation.
  • Författare: International Monetary Fund, Tobias Adrian, Douglas Laxton, Maurice Obstfeld
  • Format: Pocket/Paperback
  • ISBN: 9781484325940
  • Språk: Engelska
  • Antal sidor: 260
  • Utgivningsdatum: 2018-06-01
  • Förlag: International Monetary Fund (IMF)