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Inflation Targeting: Lessons from the International Experience

(Hardback)

Thomas Laubach, Frederic S. Mishkin, Adam S. Posen, Frederic S. Mishkin,

The University Press Group Ltd (Publisher)

Published

1998

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Economics, Finance, Business and Management Economics Economic theory and philosophy

By: Thomas Laubach, Frederic S. Mishkin, Adam S. Posen, Frederic S. Mishkin | Publisher: The University Press Group Ltd | Released: 23 Dec 1998

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This text begins by explaining the unique features and advantages of inflation targeting. The authors argue that the simplicity and openness of inflation targeting make it far easier to understand the intent and effects of monetary policy. They examine the approach in nine countries.