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Book
Inflation targeting and its effects on macroeconomic performance
Authors: ---
ISBN: 3902109300 Year: 2005 Publisher: Vienna Société Universitaire Européenne de Recherches Financières


Book
Twenty years of inflation targeting : lessons learned and future prospects
Authors: --- ---
ISBN: 9780521768184 9786612770722 9780511901430 0521768187 9780511779770 9781107696891 1107713447 1107209218 1282770721 0511901437 0511902220 0511799071 0511797672 0511779771 0511900643 9780511902222 1107696895 Year: 2010 Publisher: Cambridge : Cambridge University Press,

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Abstract

There is now a remarkably strong consensus among academics and professional economists that central banks should adopt explicit inflation targets and that all key monetary policy decisions, especially those concerning interest rates, should be made with a view to ensuring that these targets are achieved. This book provides a comprehensive review of the experience of inflation targeting since its introduction in New Zealand in 1989 and looks in detail at what we can learn from the past twenty years and what challenges we may face in the future. Written by a distinguished team of academics and professional economists from central banks around the world, the book covers a wide range of issues including many that have arisen as a result of the recent financial crisis. It should be read by anyone concerned with better understanding inflation targeting and its past, present and future role within monetary policy.


Book
Macroeconomics, prices, and quantities : essays in memory of Arthur M. Okun
Authors: ---
ISBN: 0631131795 0631131787 9780631131793 9780631131786 Year: 1983 Publisher: Oxford Blackwell


Book
The Case Against 2 Per Cent Inflation : From Negative Interest Rates to a 21st Century Gold Standard
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ISBN: 3319893564 9783319893563 3319893572 Year: 2018 Publisher: Cham : Springer International Publishing : Imprint: Palgrave Macmillan,

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Abstract

This book analyses the controversial and critical issue of 2% inflation targeting, currently practised by central banks in the US, Japan and Europe. Where did the 2% target inflation originate, and for what reason? Do these reasons stand up to scrutiny? This book explores these key questions, contributing to the growing debate that the global 2% inflation standard prescribed by the central banks in the advanced economies globally is actually contributing to the economic malaise of these nations. It presents novel theoretical perspectives, intertwined with historical and market understanding, and features analysis that draws on monetary theory (including Austrian school), behavioural finance, and finance theory. Alongside rigorous analysis of the past and present, the book also features forward looking chapters, exploring how the 2% global inflation standard could collapse and what would ideally follow its demise, including a new look at the role of gold.

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