Twenty Years Inflation Targeting Lessons Learned Future Prospects 9780521768184

Description: Twenty Years of Inflation Targeting: Lessons Learned and Future Prospects Cambridge University Press Hardcover Unused and unread, minor cosmetic imperfections such as scuffing or minor creasing. Stamped 'damaged' by publisher to a non-text page. EAN: 9780521768184 Published 16/09/2010 Language: English There is now a remarkably strong consensus among academics and professional economists that central banks should adopt explicit inflation targets and that all key monetary policy decisions, especially those concerning interest rates, should be made with a view to ensuring that these targets are achieved. This book provides a comprehensive review of the experience of inflation targeting since its introduction in New Zealand in 1989 and looks in detail at what we can learn from the past twenty years and what challenges we may face in the future. Written by a distinguished team of academics and professional economists from central banks around the world, the book covers a wide range of issues including many that have arisen as a result of the recent financial crisis. It should be read by anyone concerned with better understanding inflation targeting and its past, present and future role within monetary policy. List of figures List of tables 1. Introduction David Cobham, ÃƒËœyvind Eitrheim, Stefan Gerlach and Jan Qvigstad 2. Welcome remarks a Norwegian perspective Jan F. Qvigstad 3. Reflections on inflation targeting Athanasios Orphanides 4. Inflation targeting at 20 achievements and challenges Scott Roger 5. Inflation targeting twenty years on where, when, why, with what effects, what lies ahead? Klaus Schmidt-Hebbel 6. How did we get to inflation targeting and where do we need to go to now? A perspective from the US experience Daniel L. Thornton 7. Inflation control around the world why are some countries more successful than others? ThÃƒÂ³rarinn G. PÃƒÂtursson 8. Targeting inflation in Asia and the Pacific lessons from the recent past Andrew Filardo and Hans Genberg 9. Inflation targeting and asset prices Christopher Allsopp 10. The optimal monetary policy instrument, inflation versus asset price targeting, and financial stability Charles Goodhart, Carolina Osorio and Dimitrios Tsomocos 11. Expectations, deflation traps and macroeconomic policy George Evans and Seppo Honkapohja 12. Heterogeneous expectations, learning and European inflation dynamics Anke Weber 13. Inflation targeting and private sector forecasts Stephen Cecchetti and Craig Hakkio 14. Inflation targeting, transparency and inflation forecasts evidence from individual forecasters Christopher Crowe 15. Gauging the effectiveness of quantitative forward guidance evidence from three inflation targeters Magnus Andersson and Boris Hofmann 16. Macro modelling with many models Ida Wolden Bache, James Mitchell, Francesco Ravazzolo and Shaun P. Vahey 17. Have crisis monetary policy initiatives jeopardised central bank independence? Charles Goodhart 18. Inflation targeting learning the lessons from the financial crisis Spencer Dale 19. The financial crisis as an opportunity to strengthen inflation targeting frameworks Hans Genberg 20. Leaning against the wind is fine, but will often not be enough Lars Heikensten 21. Inflation targeting, capital requirements and 'leaning against the wind' some comments Sushil Wadhwani Index. DispatchIn stock here - same-day dispatch from England. My SKU: 3274671RefundsNo-hassle refunds are always available if your book is not as expected.Terms and Conditions of SaleSorry - no collections. All sales are subject to extended Terms and Conditions of Sale as well as the Return Policy and Payment Instructions. Visit my eBay Store for details andmany more books. Template layout and design, "JNC Academic Books", "needbooks", Copyright © JNC INC. Designated trademarks, layouts and brands are the property of their respective owners. All Rights Reserved.

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