Matthias Runkel
Broschiertes Buch

Inflation Targeting after the Crisis. The Past, Present and Future of Monetary Policy

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Seminar paper from the year 2012 in the subject Economics - Monetary theory and policy, grade: 7,5 (out of 10), Maastricht University, course: Macroeconomic Policy in Europe, language: English, abstract: For more than two decades has inflation targeting been shaping monetary policy. Inflation has successfully been brought down and stabilized. However, financial imbalances have arisen at the same time, resulting in the Great Recession that major economies are still struggling with. Monetary policy seems to have been overemphasizing price stability while underestimating the risks of financial im...