A decade of inflation targeting in the world: what do we know and what do we need to know?

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Date

2002

Journal Title

Journal ISSN

Volume Title

Publisher

Banco Central de Chile

Abstract

Description

The emergence of inflation targeting over the last ten years represents an exciting development in central banks' approach to the conduct of monetary policy. After initial adoption by New Zealand in 1990, a growing number of central banks in industrial and emerging economies have opted for inflation targeting, and many more are considering future adoption of this new monetary framework.

Keywords

INFLACIÓN, BANCOS CENTRALES, POLÍTICA MONETARIA

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