Twenty Years of Inflation Targeting, Cobham, David 9781107696891 New<-

Twenty Years of Inflation TargetingLessons Learned and Future Prospects\nAuthor(s): David Cobham, yvind Eitrheim, Stefan Gerlach, Jan F. Qvigstad\nFormat: Paperback\nPublisher: Cambridge University Press, United Kingdom\nImprint: Cambridge University Press\nISBN-13: 9781107696891, 978-1107696891\nSynopsis\nThere 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 o.