Inflation targeting versus price-path targeting: looking for improvements
The world’s central banks have undergone dramatic changes in the past fifteen years. Increases in independence and transparency have been coupled with a shift in focus. Price stability is now the paramount objective for the vast majority of modern central bankers. Combined, these changes in central...
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Banco Central de Chile
2019
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oai-20.500.12580-37242021-04-24T11:00:12Z Inflation targeting versus price-path targeting: looking for improvements Cecchetti, Stephen G. Krause, Stefan INFLACIÓN BANCOS CENTRALES PRECIOS The world’s central banks have undergone dramatic changes in the past fifteen years. Increases in independence and transparency have been coupled with a shift in focus. Price stability is now the paramount objective for the vast majority of modern central bankers. Combined, these changes in central bank structure and policy framework have yielded substantial benefits. Low and stable inflation has brought with it high and stable growth. 2019-11-01T00:03:36Z 2019-11-01T00:03:36Z 2007 Artículo 978-956-7421-28-2 https://hdl.handle.net/20.500.12580/3724 eng Series on Central Banking, Analysis, and Economic Policies, no. 11 Attribution-NonCommercial-NoDerivs 3.0 Chile http://creativecommons.org/licenses/by-nc-nd/3.0/cl/ .pdf Sección o Parte de un Documento p. 265-290 application/pdf Banco Central de Chile |
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Banco Central |
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Banco Central |
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eng |
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INFLACIÓN BANCOS CENTRALES PRECIOS |
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INFLACIÓN BANCOS CENTRALES PRECIOS Cecchetti, Stephen G. Krause, Stefan Inflation targeting versus price-path targeting: looking for improvements |
description |
The world’s central banks have undergone dramatic changes in the past fifteen years. Increases in independence and transparency have been coupled with a shift in focus. Price stability is now the paramount objective for the vast majority of modern central bankers. Combined, these changes in central bank structure and policy framework have yielded substantial benefits. Low and stable inflation has brought with it high and stable growth. |
format |
Artículo |
author |
Cecchetti, Stephen G. Krause, Stefan |
author_facet |
Cecchetti, Stephen G. Krause, Stefan |
author_sort |
Cecchetti, Stephen G. |
title |
Inflation targeting versus price-path targeting: looking for improvements |
title_short |
Inflation targeting versus price-path targeting: looking for improvements |
title_full |
Inflation targeting versus price-path targeting: looking for improvements |
title_fullStr |
Inflation targeting versus price-path targeting: looking for improvements |
title_full_unstemmed |
Inflation targeting versus price-path targeting: looking for improvements |
title_sort |
inflation targeting versus price-path targeting: looking for improvements |
publisher |
Banco Central de Chile |
publishDate |
2019 |
url |
https://hdl.handle.net/20.500.12580/3724 |
work_keys_str_mv |
AT cecchettistepheng inflationtargetingversuspricepathtargetinglookingforimprovements AT krausestefan inflationtargetingversuspricepathtargetinglookingforimprovements |
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