000			04283nam a2200361 i 4500
001			CR9780511779770
003			UkCbUP
005			20240301142633.0
006			m|||||o||d||||||||
007			cr||||||||||||
008			100519s2010||||enk o ||1 0|eng|d
020			_a9780511779770 (ebook)
020			_z9780521768184 (hardback)
020			_z9781107696891 (paperback)
040			_aUkCbUP _beng _erda _cUkCbUP
043			_au-nz---
050	0	0	_aHG1480.5 _b.T94 2010
082	0	0	_a339.5/30993 _222
245	0	0	_aTwenty years of inflation targeting : _blessons learned and future prospects / _cedited by David Cobham [and others].
264		1	_aCambridge : _bCambridge University Press, _c2010.
300			_a1 online resource (xv, 451 pages) : _bdigital, PDF file(s).
336			_atext _btxt _2rdacontent
337			_acomputer _bc _2rdamedia
338			_aonline resource _bcr _2rdacarrier
500			_aTitle from publisher's bibliographic system (viewed on 05 Oct 2015).
505	0		_aIntroduction / David Cobham, Øyvind Eitrheim, Stefan Gerlach and Jan Qvigstad -- Welcome remarks: a Norwegian perspective / Jan F. Qvigstad -- Reflections on inflation targeting / Athanasios Orphanides -- Inflation targeting at 20: achievements and challenges / Scott Roger -- Inflation targeting twenty years on: where, when, why, with what effects, what lies ahead? Klaus Schmidt-Hebbel -- How did we get to inflation targeting and where do we need to go to now? A perspective from the US experience / Daniel L. Thornton -- Inflation control around the world: why are some countries more successful than others? / Thórarinn G. Pétursson -- Targeting inflation in Asia and the Pacific: lessons from the recent past / Andrew Filardo and Hans Genberg -- Inflation targeting and asset prices / Christopher Allsopp -- The optimal monetary policy instrument, inflation versus asset price targeting, and financial stability / Charles Goodhart, Carolina Osorio and Dimitrios Tsomocos -- Expectations, deflation traps and macroeconomic policy / George Evans and Seppo Honkapohja -- Heterogeneous expectations, learning and European inflation dynamics / Anke Weber -- Inflation targeting and private sector forecasts / Stephen Cecchetti and Craig Hakkio -- Inflation targeting, transparency and inflation forecasts: evidence from individual forecasters / Christopher Crowe -- Gauging the effectiveness of quantitative forward guidance: evidence from three inflation targeters / Magnus Andersson and Boris Hofmann -- Macro modelling with many models / Ida Wolden Bache, James Mitchell, Francesco Ravazzolo and Shaun P. Vahey -- Have crisis monetary policy initiatives jeopardised central bank independence? / Charles Goodhart -- Inflation targeting: learning the lessons from the financial crisis / Spencer Dale -- The financial crisis as an opportunity to strengthen inflation targeting frameworks / Hans Genberg -- Leaning against the wind is fine, but will often not be enough / Lars Heikensten -- Inflation targeting, capital requirements and 'leaning against the wind': some comments / Sushil Wadhwani.
520			_aThere is now a remarkably strong consensus among academics and professional economists that central banks should adopt explicit inflation targets and that all key monetary policy decisions, especially those concerning interest rates, should be made with a view to ensuring that these targets are achieved. This book provides a comprehensive review of the experience of inflation targeting since its introduction in New Zealand in 1989 and looks in detail at what we can learn from the past twenty years and what challenges we may face in the future. Written by a distinguished team of academics and professional economists from central banks around the world, the book covers a wide range of issues including many that have arisen as a result of the recent financial crisis. It should be read by anyone concerned with better understanding inflation targeting and its past, present and future role within monetary policy.
650		0	_aInflation targeting _zNew Zealand.
650		0	_aBanks and banking, Central _zNew Zealand.
700	1		_aCobham, David P., _eeditor.
776	0	8	_iPrint version: _z9780521768184
856	4	0	_uhttps://doi.org/10.1017/CBO9780511779770
999			_c8862 _d8862