Economics, Econometrics and Finance
8 years ago

Inflation Targeting: Shaping Monetary Policy for Economic Growth and Stability

RePEc: Research Papers in Economics
The early years of inflation targeting: Review and outlook
Andreas Billmeier

Paper Summary

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The article discusses a monetary policy called Inflation Targeting (IT) and why countries might choose to use it. It looks at how IT has been implemented in different countries and the benefits it can bring. The paper also considers whether IT could be useful for countries in Central and Eastern Europe, especially as they move towards joining the EU.