|
Frederic S. Mishkin
NBER Working Paper No. 7618 (Also Reprint No. r2277)*
Issued in August 2000
NBER Program(s): EFG
IFM
ME
---- Abstract -----
This paper outlines what inflation targeting involves for emerging market/transition countries and discusses the advantages and disadvantages of this monetary policy strategy. The discussion suggests that although inflation targeting is not a panacea and may not be appropriate for many emerging market countries, it can be a highly useful monetary policy strategy in a number of them.
*Published: American Economic Review, vol. 9, no. 2, pp. 105-109, May 2000.
Would you like an annual subscription to NBER Working Papers? Click
here for more information.
You may purchase this paper on-line in .pdf format
from SSRN.com ($5) for electronic delivery.
Information for subscribers and others expecting no-cost downloads
Machine-readable bibliographic record -
MARC,
RIS,
BibTeX
| 
