Inflation Targeting in Practice

Guy Debelle (gdebelle@bigpond.com)

in Occasional Papers from South East Asian Central Banks (SEACEN) Research and Training Centre

Abstract: This paper offers a practical guide for the adoption of inflation targeting as a monetary policy strategy. It discusses the practical issues that have risen in the operation of an inflation targeting framework, and highlights the five major features of a framework: assignment of the target, interaction with other policy goals, definition of the target, accountability, and role of inflation forecasts. It concludes with an assessment of the economic performance of the inflation targeting countries.

Date: 1998
ISBN: 983-9478-03-6
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Citations: View citations in EconPapers (4)

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Related works:
Working Paper: Inflation Targeting in Practice (1997)
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