Mishkin, Frederic S.; Klaus Schmidt-Hebbel D. - In: Journal Economía Chilena (The Chilean Economy) 9 (2006) 3, pp. 5-17
This brief review takes stock of the recent literature on monetary policy under inflation targeting and introduces new analytical and empirical research in this field. Six key areas of previous research are reviewed: the practice and optimality of inflation targeting regime features; optimal...