Inflation Targeting as a Monetary Policy Rule

Lars Svensson

No 6790, NBER Working Papers from National Bureau of Economic Research, Inc

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.

JEL-codes: E42 E52 (search for similar items in EconPapers)
Date: 1998-11
Note: ME
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (70)

Published as Journal of Monetary Economics, Vol. 43 (1999): 607-654.

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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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