Monetary policy under flexible exchange rates: an introduction to inflation targeting

Both policymakers and economists increasingly accept that the main medium- to long-run goal of monetary policy is the pursuit of price stability, defined as maintaining a low and stable rate of inflation. A high and variable inflation rate is socially and economically costly.

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Autor principal: Agenor, Pierre-Richard
Formato: Artículo
Lenguaje:eng
Publicado: Banco Central de Chile 2019
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Acceso en línea:https://hdl.handle.net/20.500.12580/3666
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spelling oai-20.500.12580-36662021-04-24T10:32:00Z Monetary policy under flexible exchange rates: an introduction to inflation targeting Agenor, Pierre-Richard POLÍTICA MONETARIA TIPO DE CAMBIO INFLACIÓN PRECIOS Both policymakers and economists increasingly accept that the main medium- to long-run goal of monetary policy is the pursuit of price stability, defined as maintaining a low and stable rate of inflation. A high and variable inflation rate is socially and economically costly. 2019-11-01T00:01:43Z 2019-11-01T00:01:43Z 2002 Artículo 956-7421-102 https://hdl.handle.net/20.500.12580/3666 eng Series on Central Banking, Analysis, and Economic Policies, no. 5 Attribution-NonCommercial-NoDerivs 3.0 Chile http://creativecommons.org/licenses/by-nc-nd/3.0/cl/ .pdf Sección o Parte de un Documento p. 79-169 application/pdf Banco Central de Chile
institution Banco Central
collection Banco Central
language eng
topic POLÍTICA MONETARIA
TIPO DE CAMBIO
INFLACIÓN
PRECIOS
spellingShingle POLÍTICA MONETARIA
TIPO DE CAMBIO
INFLACIÓN
PRECIOS
Agenor, Pierre-Richard
Monetary policy under flexible exchange rates: an introduction to inflation targeting
description Both policymakers and economists increasingly accept that the main medium- to long-run goal of monetary policy is the pursuit of price stability, defined as maintaining a low and stable rate of inflation. A high and variable inflation rate is socially and economically costly.
format Artículo
author Agenor, Pierre-Richard
author_facet Agenor, Pierre-Richard
author_sort Agenor, Pierre-Richard
title Monetary policy under flexible exchange rates: an introduction to inflation targeting
title_short Monetary policy under flexible exchange rates: an introduction to inflation targeting
title_full Monetary policy under flexible exchange rates: an introduction to inflation targeting
title_fullStr Monetary policy under flexible exchange rates: an introduction to inflation targeting
title_full_unstemmed Monetary policy under flexible exchange rates: an introduction to inflation targeting
title_sort monetary policy under flexible exchange rates: an introduction to inflation targeting
publisher Banco Central de Chile
publishDate 2019
url https://hdl.handle.net/20.500.12580/3666
work_keys_str_mv AT agenorpierrerichard monetarypolicyunderflexibleexchangeratesanintroductiontoinflationtargeting
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