Roman Horvath

Broschiertes Buch

Inflation Targeting: Recent Challenges

Evolution of inflation targeting, institutional setup and process of setting the targets

Beschreibung

Inflation targeting regime is increasingly popular around the world and more than 20 countries adopted this regime in the 1990s and 2000s. A characteristic feature of inflation targeting is an explicit numerical target for inflation, as well as a major role for inflation forecast in monetary policy conduct due to lags in monetary transmission and a high degree of accountability and transparency. The success of inflation targeting lies in the fact that it combines the virtues of rule-based decision making with some degree of discretion.

Autor

Roman Horvath is a Head of Research Unit and Advisor to the Board at the Czech National Bank and a Lecturer at the Charles University, Prague, Czech Republic. He serves as a co-editor of Czech Economic Review. His research interests concentrates on various aspects of monetary policy.

Produktdetails

• Verlag: VDM Verlag Dr. Müller
• Seitenzahl: 124
• Englisch
• Gewicht: 180g
• ISBN-13: 9783639244540
• ISBN-10: 3639244540
• Artikelnr.: 29036983