Implementing inflation targeting : institutional arrangements, target design, and communications / prepared by Geoffrey Heenan, Marcel Peter, and Scott Roger.

Transparency is a central element in most aspects of the design and operation of inflation targeting regimes. This paper focuses on three elements of inflation targeting most closely associated with transparency: (i) the institutional arrangements supporting inflation targeting; (ii) the specificati...

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Bibliographic Details
Main Authors: Heenan, Geoffrey (Author), Peter, Marcel (Author), Roger, Scott (Author)
Corporate Author: International Monetary Fund. Monetary and Capital Markets Department
Format: eBook
Language:English
Published: [Washington, D.C.] : International Monetary Fund, Monetary and Capital Markets Dept., 2006.
Series:IMF working paper ; WP/06/278.
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Online Access:Click for online access
Description
Summary:Transparency is a central element in most aspects of the design and operation of inflation targeting regimes. This paper focuses on three elements of inflation targeting most closely associated with transparency: (i) the institutional arrangements supporting inflation targeting; (ii) the specification of the inflation target; and (iii) the central bank's policy communications. The paper is primarily aimed at providing practical advice to countries planning to develop an inflation targeting framework, but many of the issues are relevant for any credible, independent monetary policy.
Physical Description:1 online resource (57 pages) : illustrations
Format:Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.
Bibliography:Includes bibliographical references.
ISBN:1283515989
9781283515986
9781451909913
1451909918
Reproduction Note:Electronic reproduction.
Source of Description, Etc. Note:Print version record.
Action Note:digitized