Inflation targeting as a monetary policy rule

The purpose of the paper is to survey and discuss ination 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 ination targeting, compares ination targeting to other monetary policy rules, and draws some conclusions for the monetary policy of the European System of Central Banks.

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Year of publication:	1998
Authors:	Svensson, Lars E. O.
Publisher:	Stockholm : Sveriges Riksbank

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Series:	Sveriges Riksbank Working Paper Series ; 62
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	768639298 [GVK] hdl:10419/83032 [Handle]
Classification:	E42 - Monetary Systems; Standards; Regimes; Government and the Monetary System ; E52 - Monetary Policy (Targets, Instruments, and Effects)
Source:	EconStor

Persistent link: https://www.econbiz.de/10010321906