Inflation targeting as a monetary policy rule
The purpose of the paper is to survey and discuss inflation targeting in the context of monetary policy rules. The paper provides a general conceptual discussion of monetary policy rules, attempts to clarify the essential characteristics of inflation targeting, compares inflation targeting to the other monetary policy rules, and draws some conclusions for the monetary policy of the European system of Central Banks. Klassifikation: E42, E52
| Author: | Lars E. O. Svensson |
|---|---|
| URN: | urn:nbn:de:hebis:30-9531 |
| Series (Serial Number) | CFS working paper series (1998, 16) |
| Document Type: | Working Paper |
| Language: | English |
| Date of Publication (online): | 13.06.2005 |
| Year of first Publication: | 1998 |
| Publishing Institution: | Univ.-Bibliothek Frankfurt am Main |
| Tag: | indicators ; instruments ; intermediate targets; targets |
| Source: | CFS working paper ; 1998,16 |
| HeBIS PPN: | 195583302 |
| Institutes: | Center for Financial Studies (CFS) |
| Dewey Decimal Classification: | 330 Wirtschaft |
| Sammlungen: | Universitätspublikationen |
| Licence (German): |  Veröffentlichungsvertrag für Publikationen ohne Print on Demand |
