This study reviews the literature on the contribution of low inflation to economic growth and the subsequent widespread adoption of inflation targeting as a mon
"The author addresses the challenges and oportunities associated with inflation targeting as a monetary policy framework. The study focuses on two major interna
This book by a leading authority on monetary policy offers a unique view of the subject from the perspectives of both scholar and practitioner. Frederic Mishkin
How should governments and central banks use monetary policy to create a healthy economy? Traditionally, policymakers have used such strategies as controlling t
Inflation targeting (IT) has become the sacred cow of central banking. But its suitability to developing nations remains contested. The contributors to this vol