Tatom, John (2006): Inflation Targeting is Neither Necessary Nor Sufficient. Published in: Research Buzz , Vol. 2, No. 5 (31. May 2006): pp. 1-2.
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Proponents of inflation targeting suggest that countries using this tool understand better, their responsibility for price stability and are able to better communicate their superior policy target. Thus, they also should achieve lower inflation. Fed Chair Ben Bernanke is a strong proponent of inflation targeting, conducting monetary policy to achieve an announced target. This article discusses whether inflation targeting is necessary.
|Item Type:||MPRA Paper|
|Original Title:||Inflation Targeting is Neither Necessary Nor Sufficient|
|Keywords:||Inflation targeting; monetary policy|
|Subjects:||E - Macroeconomics and Monetary Economics > E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit > E58 - Central Banks and Their Policies
E - Macroeconomics and Monetary Economics > E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit > E52 - Monetary Policy
|Depositing User:||John Tatom|
|Date Deposited:||13. Oct 2009 04:26|
|Last Modified:||18. Feb 2013 15:59|
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