Inflation Targeting as a Monetary Policy Rule

Lars Svensson

No 1998, CEPR Discussion Papers from Centre for Economic Policy Research

Abstract: 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 other monetary policy rules, and draws some conclusions for the monetary policy of the European System of Central Banks.

Keywords: indicators; instruments; intermediate targets; targets (search for similar items in EconPapers)
JEL-codes: E42 E52 (search for similar items in EconPapers)
Date: 1998-10
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Related works:
Journal Article: Inflation targeting as a monetary policy rule (1999)
Working Paper: Inflation Targeting as a Monetary Policy Rule (1998)
Working Paper: Inflation Targeting as a Monetary Policy Rule (1998)
Working Paper: Inflation Targeting as a Monetary Policy Rule (1998)
Working Paper: Inflation targeting as a monetary policy rule (1998)
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