Inflation targeting as a monetary policy rule

Lars E. O. Svensson

The purpose of the paper is to survey and discuss inflation targeting in the context of monetary policy rules. The paper provides a general conceptual discussion of monetary policy rules, attempts to clarify the essential characteristics of inflation targeting, compares inflation targeting to the other monetary policy rules, and draws some conclusions for the monetary policy of the European system of Central Banks.

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Year of publication:	1998 ; This version: August 1998
Authors:	Svensson, Lars E. O.
Publisher:	Frankfurt am Main : Univ.-Bibliothek Frankfurt am Main
Subject:	targets \| instruments \| indicators \| intermediate targets \| Inflationssteuerung \| Inflation targeting \| Geldpolitik \| Monetary policy \| Theorie \| Theory \| Regelbindung versus Diskretion \| Rules versus discretion \| EU-Staaten \| EU countries \| Geldpolitisches Ziel \| Monetary target

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Extent:	Online-Ressource (50 S.)
Series:	CFS working paper series. - Frankfurt am Main : Inst. für Kapitalmarktforschung, ZDB-ID 2522219-3. - Vol. 1998/16]
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Graue Literatur ; Non-commercial literature
Language:	English
Notes:	First draft: May 1998 Systemvoraussetzungen: Acrobat Reader
Other identifiers:	hdl:10419/78070 [Handle]
Classification:	E42 - Monetary Systems; Standards; Regimes; Government and the Monetary System ; E52 - Monetary Policy (Targets, Instruments, and Effects)
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10009768278