TY - BOOK ID - 18096778 TI - The inflation-targeting debate AU - Bernanke, Ben. AU - Woodford, Michael AU - National Bureau of Economic Research. PY - 2005 SN - 0226044718 9786611125318 1281125318 0226044734 9780226044736 9780226044712 9780226044729 0226044726 PB - Chicago : University of Chicago Press, DB - UniCat KW - Inflation targeting KW - Inflation (Finance) - Congresses. KW - Monetary policy - Congresses. KW - -332.41 KW - Inflation (Finance) KW - Monetary policy KW - E-books KW - 332.41 KW - 333.80 KW - 333.846.2 KW - AA / International- internationaal KW - Targeting, Inflation KW - Geld-, bank- en kredietpolitiek. Kapitaalmarkt en -rente: algemeenheden KW - Verband tussen de geld-, bank- en kredietpolitiek en de prijzen KW - Conferences - Meetings KW - Electronic books. KW - Inflation (Finance). KW - Congresses. KW - inflation, economics, monetary policy, macroeconomics, emerging markets, hungary, poland, czech republic, central banks, chile, constraint, equilibrium, emu, exchange rates, federal reserve, greenspan, growth, output, fiscal policies, nonfiction, imperfect knowledge, israel, japan, price, stability, sweden, switzerland, targeting, transparency, variables, wages. UR - https://www.unicat.be/uniCat?func=search&query=sysid:18096778 AB - Over the past fifteen years, a significant number of industrialized and middle-income countries have adopted inflation targeting as a framework for monetary policymaking. As the name suggests, in such inflation-targeting regimes, the central bank is responsible for achieving a publicly announced target for the inflation rate. While the objective of controlling inflation enjoys wide support among both academic experts and policymakers, and while the countries that have followed this model have generally experienced good macroeconomic outcomes, many important questions about inflation targeting remain. In Inflation Targeting, a distinguished group of contributors explores the many underexamined dimensions of inflation targeting-its potential, its successes, and its limitations-from both a theoretical and an empirical standpoint, and for both developed and emerging economies. The volume opens with a discussion of the optimal formulation of inflation-targeting policy and continues with a debate about the desirability of such a model for the United States. The concluding chapters discuss the special problems of inflation targeting in emerging markets, including the Czech Republic, Poland, and Hungary. ER -