Post inflation targeting monetary policy : a study of Britain, Japan and the United States

Mehdi Monadjemi and John Lodewijks

There is now considerable disquiet about the appropriate monetary strategy that central banks should follow in the aftermath of the global financial crisis. Several influential commentators have called for the abandonment of inflation targeting. Empirical research examining three major economies demonstrates that inflation targeting was effective prior to the crisis and a more flexible form of targeting may still be appropriate after the crisis.

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Year of publication:	2014
Authors:	Monadjemi, Mehdi S. ; Lodewijks, John Kees
Published in:	Expert journal of economics. - Sibiu : Sprint Investify, ISSN 2359-7704, ZDB-ID 2758887-7. - Vol. 2.2014, 1, p. 21-29
Subject:	Inflation targeting \| monetary policy \| comparative study \| Geldpolitik \| Monetary policy \| Inflationssteuerung \| Japan \| USA \| United States \| Großbritannien \| United Kingdom \| EU-Staaten \| EU countries

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Type of publication:	Article
Type of publication (narrower categories):	Aufsatz in Zeitschrift ; Article in journal
Language:	English
Classification:	E52 - Monetary Policy (Targets, Instruments, and Effects) ; E58 - Central Banks and Their Policies ; E65 - Studies of Particular Policy Episodes
Source:	ECONIS - Online Catalogue of the ZBW

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