The Strategy of Direct Inflation Targeting: Between Theory and Practice

Ramona-Andreea Teica
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Ramona-Andreea Teica: University of Craiova

Finante - provocarile viitorului (Finance - Challenges of the Future), 2011, vol. 1, issue 13, 204-210

Abstract: This work has the purpose to analyse the strategy of direct inflation targeting starting from theoretical aspects and arriving at the revealing of main characteristics of this strategy in the case of our country. Likewise the work proposes itself to state out the decisions of monetary policy adopted in recent years by the National Bank of Romania, in an adverse global content, marked by a severe and prolonged economic and financial crisis.

Keywords: inflation targeting; monetary policy; financial crisis (search for similar items in EconPapers)
JEL-codes: E30 E31 E43 E52 (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:aio:fpvfcf:v:1:y:2011:i:13:p:204-210

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