Hidden Bibliographic Details
| Other authors / contributors: | International Monetary Fund. Monetary and Capital Markets Department.
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| ISBN: | 1451918011
9781451918014
1451873832
9781451873832
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| Digital file characteristics: | text file
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| Notes: | Includes bibliographical references (pages 28-31).
English.
Print version record.
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| Summary: | This paper provides an overview of inflation targeting frameworks and macroeconomic performance under inflation targeting. Inflation targeting frameworks are generally quite similar across countries, and a broad consensus has developed in favor of "flexible" inflation targeting. The evidence shows that, although inflation target ranges are missed frequently in most countries, the inflation and growth performance under inflation targeting compares very favorably with performance under alternative frameworks. Inflation targeters also tentatively appear to be coping better with the commodity price and financial shocks in 2007-2009 than non-inflation targeters. Key issues going forward include adapting inflation targeting to emerging market and developing countries, and incorporating financial stability issues into the framework
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| Other form: | Print version: Roger, Scott. Inflation targeting at 20. [Washington, D.C.] : International Monetary Fund, ©2009
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| Standard no.: | 10.5089/9781451873832.001
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