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THE INFLATION-TARG
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- Buy it nowTHE INFLATION-TARGETING DEBATE (NATIONAL BUREAU OF By Ben S. Bernanke & Michael
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eBay item number:335345369749
Item specifics
- Condition
- Good
- Seller notes
- ISBN-10
- 0226044726
- Book Title
- The Inflation-Targeting Debate (National Bureau of Economic
- ISBN
- 9780226044729
- Subject Area
- Business & Economics
- Publication Name
- Inflation-Targeting Debate
- Item Length
- 9 in
- Publisher
- University of Chicago Press
- Subject
- Inflation, General, Money & Monetary Policy
- Publication Year
- 2006
- Series
- National Bureau of Economic Research Studies in Business Cycles Ser.
- Type
- Textbook
- Format
- Perfect
- Language
- English
- Item Height
- 1.1 in
- Item Width
- 6 in
- Item Weight
- 24.8 Oz
- Number of Pages
- 468 Pages
About this product
Product Information
Over the past fifteen years, a significant number of industrialized and middle-income countries have adopted inflation targeting as a framework for monetary policymaking. As the name suggests, in such inflation-targeting regimes, the central bank is responsible for achieving a publicly announced target for the inflation rate. While the objective of controlling inflation enjoys wide support among both academic experts and policymakers, and while the countries that have followed this model have generally experienced good macroeconomic outcomes, many important questions about inflation targeting remain. In Inflation Targeting, a distinguished group of contributors explores the many underexamined dimensions of inflation targeting--its potential, its successes, and its limitations--from both a theoretical and an empirical standpoint, and for both developed and emerging economies. The volume opens with a discussion of the optimal formulation of inflation-targeting policy and continues with a debate about the desirability of such a model for the United States. The concluding chapters discuss the special problems of inflation targeting in emerging markets, including the Czech Republic, Poland, and Hungary.
Product Identifiers
Publisher
University of Chicago Press
ISBN-10
0226044726
ISBN-13
9780226044729
eBay Product ID (ePID)
52634161
Product Key Features
Publication Name
Inflation-Targeting Debate
Format
Perfect
Language
English
Subject
Inflation, General, Money & Monetary Policy
Publication Year
2006
Series
National Bureau of Economic Research Studies in Business Cycles Ser.
Type
Textbook
Subject Area
Business & Economics
Number of Pages
468 Pages
Dimensions
Item Length
9 in
Item Height
1.1 in
Item Width
6 in
Item Weight
24.8 Oz
Additional Product Features
Series Volume Number
32
Lc Classification Number
Hg229.I45636 2006
Table of Content
Acknowledgments Introduction Ben Bernanke and Michael Woodford 1. What Has Inflation Targeting Achieved? Mervyn King I. Optimal Targets 2. Implementing Optimal Policy through Inflation-Forecast Targeting Lars E. O. Svensson and Michael Woodford Comment: Bennett T. McCallum Discussion Summary 3. Optimal Inflation-Targeting Rules Marc P. Giannoni and Michael Woodford Comment: Edward Nelson Discussion Summary 4. Inflation Targeting, Price-Path Targeting, and Output Variability Stephen G. Cecchetti and Junhan Kim Comment: N. Gregory Mankiw Discussion Summary 5. Imperfect Knowledge, Inflation Expectations, and Monetary Policy Athanasios Orphanides and John C. Williams Comment: George W. Evans Discussion Summary II. Critical Perspectives 6. Does Inflation Targeting Matter? Laurence Ball and Niamh Sheridan Comment: Mark Gertler Discussion Summary 7. Limits to Inflation Targeting Christopher A. Sims Comment: Stephanie Schmitt-Grohé Discussion Summary 8. Inflation Targeting in the United States? Marvin Goodfriend Comment: Donald L. Kohn Discussion Summary III. Inflation Targeting for Emerging Markets 9. Inflation Targeting in Transition Economies: Experience and Prospects Jiri Jonas and Frederic S. Mishkin Comment: Olivier Blanchard Discussion Summary 10. Inflation Targeting and Sudden Stops Ricardo J. Caballero and Arvind Krishnamurthy Comment: Ben S. Bernanke Discussion Summary Contributors Author Index Subject Index
Copyright Date
2006
Target Audience
Scholarly & Professional
Dewey Decimal
332.41
Dewey Edition
22
Illustrated
Yes
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eBay item number:335345369749
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