Inflation Targeting: a Theoretical Basis
Aleksandr V. Charkin ()
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Aleksandr V. Charkin: Budget and Treasury Academy of the Ministry of Finance of the Russian Federation, Moscow, Russia
Finansovyj žhurnal — Financial Journal, 2011, issue 1, 103-110
Abstract:
The article author dwells on the inflation targeting and its key characteristics, he offers his own definition to the term that can be of much help to the researchers. He identifies the issues associated with improving the efficiency of inflation targeting, including the ones that emerged during the period of the world economic crisis, and offers the solutions to the problem. He notes that the inflation targeting schemes should be examined in detail on the national level.
Keywords: inflation targeting; monetary policy; crisis; transmission mechanism (search for similar items in EconPapers)
JEL-codes: E52 E58 (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:fru:finjrn:110109:p:103-110
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