Does inflation targeting increase output volatility?: an international comparison of policymakers' preferences and outcomes
Monetary policy regimes around the world changed dramatically over the decade of the 1990s. Central banks have become more transparent, more independent, more accountable, and (apparently) more successful. The biggest transformation has benn the move away from focusing on intermediate objectives, su...
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Banco Central de Chile
2019
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oai-20.500.12580-36572021-04-24T10:58:26Z Does inflation targeting increase output volatility?: an international comparison of policymakers' preferences and outcomes Cecchetti, Stephen G. Ehrmann, Michael INFLACIÓN POLÍTICA ECONÓMICA BANCOS CENTRALES Monetary policy regimes around the world changed dramatically over the decade of the 1990s. Central banks have become more transparent, more independent, more accountable, and (apparently) more successful. The biggest transformation has benn the move away from focusing on intermediate objectives, susch as money and exchange rates, and toward the direct targeting of inflation. 2019-11-01T00:01:15Z 2019-11-01T00:01:15Z 2002 Artículo 956-7421-099 https://hdl.handle.net/20.500.12580/3657 eng Serieson Central Banking, Analysis, and Economic Policies, no. 4 Attribution-NonCommercial-NoDerivs 3.0 Chile http://creativecommons.org/licenses/by-nc-nd/3.0/cl/ .pdf Sección o Parte de un Documento p. 247-274 application/pdf Banco Central de Chile |
| institution |
Banco Central |
| collection |
Banco Central |
| language |
eng |
| topic |
INFLACIÓN POLÍTICA ECONÓMICA BANCOS CENTRALES |
| spellingShingle |
INFLACIÓN POLÍTICA ECONÓMICA BANCOS CENTRALES Cecchetti, Stephen G. Ehrmann, Michael Does inflation targeting increase output volatility?: an international comparison of policymakers' preferences and outcomes |
| description |
Monetary policy regimes around the world changed dramatically over the decade of the 1990s. Central banks have become more transparent, more independent, more accountable, and (apparently) more successful. The biggest transformation has benn the move away from focusing on intermediate objectives, susch as money and exchange rates, and toward the direct targeting of inflation. |
| format |
Artículo |
| author |
Cecchetti, Stephen G. Ehrmann, Michael |
| author_facet |
Cecchetti, Stephen G. Ehrmann, Michael |
| author_sort |
Cecchetti, Stephen G. |
| title |
Does inflation targeting increase output volatility?: an international comparison of policymakers' preferences and outcomes |
| title_short |
Does inflation targeting increase output volatility?: an international comparison of policymakers' preferences and outcomes |
| title_full |
Does inflation targeting increase output volatility?: an international comparison of policymakers' preferences and outcomes |
| title_fullStr |
Does inflation targeting increase output volatility?: an international comparison of policymakers' preferences and outcomes |
| title_full_unstemmed |
Does inflation targeting increase output volatility?: an international comparison of policymakers' preferences and outcomes |
| title_sort |
does inflation targeting increase output volatility?: an international comparison of policymakers' preferences and outcomes |
| publisher |
Banco Central de Chile |
| publishDate |
2019 |
| url |
https://hdl.handle.net/20.500.12580/3657 |
| work_keys_str_mv |
AT cecchettistepheng doesinflationtargetingincreaseoutputvolatilityaninternationalcomparisonofpolicymakerspreferencesandoutcomes AT ehrmannmichael doesinflationtargetingincreaseoutputvolatilityaninternationalcomparisonofpolicymakerspreferencesandoutcomes |
| _version_ |
1718346251162877952 |