Origins and early development of the inflation target

Michael Reddell
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Michael Reddell: Reserve Bank of New Zealand

Reserve Bank of New Zealand Bulletin, 1999, vol. 62, No 3

Abstract: Explicit inflation targeting was pioneered in New Zealand in the late 1980s. This article explains how the system gradually came about. It traces some of the early influences and thinking that had, by the end of 1990, given us pretty much the structures still in use today.

Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:nzb:nzbbul:september1999:6

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