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particular the turn to inflation targeting. Monetary Policy Strategy describes his work over the last ten years, offering …; central bank accountability; the rationale for inflation targeting; the optimal inflation target; central bank transparency …
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This paper is the introductory chapter in my book, Monetary Policy Strategy, forthcoming from MIT Press. I thank my editor Elizabeth Murry for her extremely helpful comments. Any views expressed in this paper are those of the author only and not those of Columbia University or the National...
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