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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Banco Central de Chile
2019
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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 |
_version_ |
1718346827572445184 |