Buy Textbooks  |  Rent Textbooks  |  Sell Textbooks  |  eTextbooks
Help  |  Questions? 1-877-292-6442
Hello, Sign In
Your Account
0

Inflation Targeting : Lessons from the International Experience - 99 edition

Inflation Targeting : Lessons from the International Experience (ISBN10: 0691086893; ISBN13: 9780691086897)
ISBN13: 978-0691086897
ISBN10: 0691086893

This edition has also been released as:
ISBN13: 978-0691059556
ISBN10: 0691059551

Summary: How should governments and central banks use monetary policy to create a healthy economy? Traditionally, policymakers have used such strategies as controlling the growth of the money supply or pegging the exchange rate to a stable currency. In recent years a promising new approach has emerged: publicly announcing and pursuing specific targets for the rate of inflation. This book is the first in-depth study of inflation targeting. Combining penetrating theoretical ana ...show morelysis with detailed empirical studies of countries where inflation targeting has been adopted, the authors show that the strategy has clear advantages over traditional policies. They argue that the U.S. Federal Reserve and the European Central Bank should adopt this strategy, and they make specific proposals for doing so.

The book begins by explaining the unique features and advantages of inflation targeting. The authors argue that the simplicity and openness of inflation targeting make it far easier for the public to understand the intent and effects of monetary policy. This strategy also increases policymakers' accountability for inflation performance and can accommodate flexible, even "discretionary," monetary policy actions without sacrificing central banks' credibility. The authors examine how well variants of this approach have worked in nine countries: Germany and Switzerland (which employ a money-focused form of inflation targeting), New Zealand, Canada, the United Kingdom, Sweden, Israel, Spain, and Australia. They show that these countries have typically seen lower inflation, lower inflation expectations, and lower nominal interest rates, and have found that one-time shocks to the price level have less of a "pass-through" effect on inflation. These effects, in turn, are improving the climate for economic growth. The authors warn, however, that the success of inflation targeting depends on operational details, such as how the targets are defined and when they are announced. They also show that inflation targeting is not a panacea that can make inflation perfectly predictable or reduce it without economic costs.

Clear, balanced, and authoritative, Inflation Targeting is a groundbreaking study that will have a major impact on the debate over the right monetary strategy for the coming decades. As a unique comparative study of what central banks actually do in different countries around the world, this book will also be invaluable to anyone interested in how economic policy is made. ...show less

Edition/Copyright: 99
Cover: Paperback
Publisher: Princeton University Press
Published: 01/03/2001
International: No

View Author Bio
View Review
View Table of Contents



List Price: $37.50
Used  Currently Sold Out
New  Currently Sold Out
Rental $25.49
Due back 05/29/2015
Rental
Save $12.01 (32%)
  • Free return shipping
  • In stock
  • 21-day satisfaction guarantee
CDs or access codes may not be included
Marketplace sellers starting at $1.99

20 more offers below.

The Marketplace on Textbooks.com
Additional Sellers for Inflation Targeting : Lessons from the International Experience
Just for you, we curate a growing list of independent booksellers, giving you even MORE choices when shopping for your textbooks.
Keep in mind: Marketplace orders do NOT qualify for free shipping. More about the MarketplaceMore about the Marketplace

Filter by:   All (20)  |  New (10)  |  Like New (2)  |  Very Good (6)  |  Good (1)  |  Acceptable (1)

Price
 
Condition
Seller
Comments
$33.08
+$3.99 s/h
Add marketplace to your cart
New
Barnes & Noble.com
Various Shipping Locations, USA
Seller Rating: 5
Brand new, ships from the closest shipping location to your shipping address!
$1.99
+$3.99 s/h
Add marketplace to your cart
Acceptable
Free State Books
Halethorpe, MD
Seller Rating: 4.54
Free State Books. Never settle for less.
$3.00
+$3.99 s/h
Add marketplace to your cart
VeryGood
Nandino Books
Lexington, KY
Seller Rating: 4.65
No comments from the seller
$5.99
+$3.99 s/h
Add marketplace to your cart
VeryGood
Rebookseller
Tequesta, FL
Seller Rating: 4.5
0691086893 ALL ORDERS SHIP WITHIN 24 HOURS. Tracking is always included. This paperback is in Very Good condition, has about 30 pages where top corner got dinged, rest is clean and fine. Buy with c ...show moreonfidence, we have been selling books for years. REUSE-RECYCLE-REBOOK 2/14 10/14 ...show less
$7.49
+$3.99 s/h
Add marketplace to your cart
Good
HPB - North Lamar
Austin, TX
Seller Rating: 4.88
2001 Paperback Good Connecting readers with great books since 1972. Used books may not include companion materials, some shelf wear, may contain highlighting/notes, and may not include cd-rom or ac ...show morecess codes. Customer service is our top priority! ...show less
$14.98
+$3.99 s/h
Add marketplace to your cart
New
Labyrinthbooks
Pennington, NJ
Seller Rating: 4.72
0691086893
$16.00
+$3.99 s/h
Add marketplace to your cart
VeryGood
Tiber Books MD
Cockeysville, MD
Seller Rating: 4.72
2001 Softcover Very good 8vo, paperback. Vg condition. Cover once cleanly detached down front spine edge, now neatly reattached, barely noticeable, no loosening; 1/2-inch bend to top corner of half ...show more-dozen pgs; contents bright & clean, binding tight. 382 pp. ...show less
$21.98
+$3.99 s/h
Add marketplace to your cart
VeryGood
worldofbooks
Goring-By-Sea,
Seller Rating: 3.69
2001 Trade paperback Revised ed. Very Good. The book has been read, but is in excellent condition. Pages are intact and not marred by notes or highlighting. The spine remains undamaged. Trade paperb ...show moreack (US). Glued binding. 392 p. Contains: Illustrations. *****PLEASE NOTE: This item is shipping from an authorized seller in Europe. In the event that a return is necessary, you will be able to return your item within the US. To learn more about our European sellers and policies see the BookQuest FAQ section***** ...show less
$23.46
+$3.99 s/h
Add marketplace to your cart
VeryGood
Labyrinthbooks
Pennington, NJ
Seller Rating: 4.72
0691086893
$25.76
+$3.99 s/h
Add marketplace to your cart
LikeNew
Labyrinthbooks
Pennington, NJ
Seller Rating: 4.72
0691086893
$27.81
+$3.99 s/h
Add marketplace to your cart
New
EuroBooks
Horcott Rd, Fairford,
Seller Rating: 4.41
New Book. Shipped from UK within 10 to 14 business days. Established seller since 2000.
Page:   1     2     |   Next >
Close
Close
Close