Inflation targeting: Theory and policy implications

IMF Staff Papers

Volumn 43, Issue 4, 1996, Pages 779-795

  Green, John H ^a  

^a Affairs Department

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0038262592     PISSN: 10207635     EISSN: None     Source Type: Book Series    
DOI: 10.2307/3867369     Document Type: Article

References (13)

1. Barro, Robert J., and David B. Gordon, 1983, "Rules, Discretion and Reputation in a Model of Monetary Policy," Journal of Monetary Economics, Vol. 12 (July), pp. 101-21.
2. Baumgartner, Josef, and Ramana Ramaswamy, 1996, "Inflation Targeting in the United Kingdom: The Information Content of Financial and Monetary Variables," IMF Working Paper 96/44 (Washington: International Monetary Fund).
3. Blinder, A.S., 1995, "Central Banking in Theory and Practice-Lecture II: Credibility, Discretion, and Independence," Marshall Lecture Presented at the University of Cambridge, Cambridge, May.
4. Fischer, Stanley, 1995, "Central-Bank Independence Revisited," American Economic Review, Papers and Proceedings, Vol. 85 (May), pp. 201-6.
5. Griffiths, Mark E.L., 1995, "Inflation Targeting" (unpublished; Washington: International Monetary Fund).
6. Haldane, Andrew, 1995, "Inflation Targets," Bank of England Quarterly Bulletin, Vol. 35 (August), pp. 250-9.
7. Kydland, Finn E., and Edward C. Prescott, 1977, "Rules Rather than Discretion: The In... . consistency of Optimal Plans," Journal of Political Economv, Vol. 85 (June), pp. 473-91.
8. McCallum, Bennett T., 1995, "Two Fallacies Concerning Central-Bank Independence," American Economic Review, Papers and Proceedings, Vol. 85 (May), pp. 207-11.
9. Persson, Torsten, and Guido Tabellini, 1990, Macroeconomic Policy, Credibility and Politics (Chur, Switzerland; New York: Harwood Academic Publishers).
10. 1994, Monetary and Fiscal Policy, Vol. 2: Credibility (Cambridge, Massachusetts: MIT Press).
11. Rogoff, Kenneth, 1985, "The Optimal Degree of Commitment to an Intermediate Target: Inflation Gains Versus Stabilization Costs," Quarterly Journal of Economics, Vol. 100 (November), pp. 1169-89.
12. Svensson, Lars E.O., 1995, "Optimal Inflation Targets, 'Conservative' Central Banks, and Linear Inflation Targets," NBER Working Paper No. 5251 (Cambridge, Massachusetts: National Bureau of Economic Research).
13. Walsh, Carl E., 1995, "Optimal Contracts for Central Bankers," American Economic Review, Vol. 85 (March), pp. 150-67.