Perspectives on inflation targeting, financial stability and the global crisis

Bank for International Settlements

No 51 in BIS Papers from Bank for International Settlements

Abstract: This BIS Paper discusses lessons provided by the global financial crisis for inflation targeting and financial stability. It contains selected presentations from the BIS-sponsored sessions at two Latin American and Caribbean Economic Association (LACEA) annual meetings: November 2008, in Rio de Janeiro, and October 2009, in Buenos Aires. The 2008 papers in this volume are by José de Gregorio, Governor of the Central Bank of Chile, and Guillermo Calvo, professor of economics at Columbia University; the 2009 presentations are by Vittorio Corbo, former Governor of the Central Bank of Chile, and Michael Dooley, professor of economics at the University of California, Santa Cruz.

Date: 2010 Written 2010-03
ISBN: 92-9131-822-1
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Citations: View citations in EconPapers (3)

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http://www.bis.org/publ/bppdf/bispap51.htm (text/html)

Chapters in this book:

Foreword , pp iii

Bank for International Settlements

Perspectives on inflation targeting, financial stability and the global crisis , pp 1-3

Camilo Tovar

Challenges to inflation targeting: raising some issues , pp 7

Már Gudmundsson

Recent challenges of inflation targeting , pp 9-13

Jose De Gregorio

Inflation targeting in hard times , pp 15-18

Guillermo Calvo

Central banks and the financial crisis , pp 21-25

Philip Turner

Financial stability in a crisis: What is the role of the central bank? , pp 27-30

Vittorio Corbo

Central bank responses to financial crises , pp 31-34

Michael Dooley

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Persistent link: https://EconPapers.repec.org/RePEc:bis:bisbps:51

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