Advancing the Frontiers of Monetary Policy

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Price:  $30.00

Author/Editor: Tobias Adrian, Douglas Laxton, Maurice Obstfeld
Release Date: © April, 2018
ISBN : 978-1-48432-594-0
Stock #: EFMPEA
English
Stock Status: Available

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Description

Contributors working at the International Monetary Fund present 14 chapters on the development of monetary policy over the past quarter century through the lens of the evolution of inflation-forecast targeting. They describe the principles and practices of inflation-forecast targeting, including managing expectations, the implementation of a forecasting and policy analysis system, monetary operations, monetary policy and financial stability, financial conditions, and transparency and communications; aspects of inflation-forecast targeting in Canada, the Czech Republic, India, and the US; and monetary policy challenges faced by low-income countries and how inflation-forecast targeting can provide an anchor in countries with different economic structures and circumstances.


More publications by: Tobias Adrian ; Douglas Laxton ; Maurice Obstfeld