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Applying an Inflation-Targeting Lens to Macroprodential Policy "Institutions"

Gunes Kamber, Ozer Karagedikli and Christie Smith ()

International Journal of Central Banking, 2015, vol. 11, issue 4, 395-429

Abstract: We describe the origins of inflation targeting in New Zealand, and then use the four key attributes of inflation targeting—independence, the inflation target, transparency, and accountability—as an organizing device to analyze macroprudential policy “institutions”—the rules, regulations, and governance frameworks that implement macroprudential policies.

JEL-codes: E52 E58 E61 (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:ijc:ijcjou:y:2015:q:4:a:13

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