Inflation Targeting: Lessons from the International Experience

by Ben S. Bernanke, Frederic S. Mishkin, Thomas Laubach, et al.

Book Overview

How should governments and central banks use monetary policy to create a healthy economy? Traditionally, policymakers have used such strategies as controlling the growth of the money supply or pegging the exchange rate to a stable currency. In recent years a promising new approach has emerged: publicly announcing and pursuing specific targets for the rate of inflation. This book is the first in-depth study of inflation targeting. Combining penetrating...

• Format: Paperback
• Language: English
• ISBN: 0691086893
• ISBN13: 9780691086897
• Release Date: January 2001
• Publisher: Princeton University Press
• Length: 392 Pages
• Weight: 1.25 lbs.
• Dimensions: 0.9" x 6.1" x 9.2"