Inflation Targeting in Emerging Market Countries

Frederic Mishkin

No 7618, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: This paper outlines what inflation targeting involves for emerging market/transition countries and discusses the advantages and disadvantages of this monetary policy strategy. The discussion suggests that although inflation targeting is not a panacea and may not be appropriate for many emerging market countries, it can be a highly useful monetary policy strategy in a number of them.

JEL-codes: E5 (search for similar items in EconPapers)
Date: 2000-08
New Economics Papers: this item is included in nep-mon
Note: EFG IFM ME
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (337)

Published as American Economic Review, vol. 9, no. 2, pp. 105-109, May 2000.

Downloads: (external link)
http://www.nber.org/papers/w7618.pdf (application/pdf)

Related works:
Journal Article: Inflation Targeting in Emerging-Market Countries (2000)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:nbr:nberwo:7618

Ordering information: This working paper can be ordered from
http://www.nber.org/papers/w7618

Access Statistics for this paper

More papers in NBER Working Papers from National Bureau of Economic Research, Inc National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.. Contact information at EDIRC.
Bibliographic data for series maintained by ().