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- Title
Inflation Targeting--Central Bank Practices Overseas.
- Authors
Little, Jane Sneddon; Romano, Teresa Foy
- Abstract
The article reviews the inflation targeting (IT) practices of various countries. Several central bank practices involved in the adoption and operation of an IT framework were described including the selection of a target inflation measure, defining of a target outcome for that measure and determining the response to be used when inflation deviates from its target. It was found that IT practices across countries have been converged over the past 10 to 15 years but there were also variations in policies.
- Subjects
ECONOMIC research; PRICE inflation; CENTRAL banking industry; EFFECT of inflation on the banking industry; ECONOMIC policy
- Publication
Research Review, 2008, Issue 10, p23
- ISSN
1552-2814
- Publication type
Article