Inflation targeting: Should it be modeled as an instrument rule or a targeting rule?

European Economic Review

Volumn 46, Issue 4-5, 2002, Pages 771-780

  Svensson, Lars E O ^a,b,c  

^a PRINCETON UNIVERSITY   (United States)

^b CPER   (United Kingdom)

^c NATIONAL BUREAU OF ECONOMIC RESEARCH   (United States)

Author keywords

Inflation targeting; Monetary policy rules

Indexed keywords

INFLATION; MONETARY POLICY; TARGETING; THEORETICAL STUDY;

EID: 0036260736     PISSN: 00142921     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0014-2921(01)00212-4     Document Type: Article

References (23)

1. Inflation targeting in emerging market and transition economies: Lessons after a decade
2. Central bank policy rules: Conceptual issues and practical considerations
3. Making monetary policy: Objectives and rules
4. The science of monetary policy: A New Keynesian perspective
5. The Riksbank's inflation target - Clarification and evaluation
6. Taylor's rule and the Fed: 1970-1997
7. The optimal degree of commitment to an intermediate monetary target
8. Policy rules for inflation targeting
9. Macroeconomics and reality
10. Inflation forecast targeting: Implementing and monitoring inflation targets
11. Inflation targeting as a monetary policy rule
12. Discretion versus policy rules in practice
13. Commentary: How should monetary policy be conducted in an era of price stability?