Inflation targeting.: An article from: NBER Reporter

This digital document is an article from NBER Reporter, published by National Bureau of Economic Research, Inc. on December 22, 1998. The length of the article is 2402 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: The technique of inflation targeting as adopted by central banks across the globe involves the declaration of official inflation targets and the admission that low and stable inflation is the primary long-term goal of monetary policy. Inflation targeting is considered more appropriately not as a rule but as a policy framework that allows policymakers to seek other objectives in the short-term. Central banks that employ inflation targeting must consult explicit structural models of the economy in making policy decisions instead of implicit private-sector or explicit forecasts.

Citation Details
Title: Inflation targeting.
Author: Ben S. Bernanke
Publication:NBER Reporter (Magazine/Journal)
Date: December 22, 1998
Publisher: National Bureau of Economic Research, Inc.
Page: 6(3)

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