Inflation Targeting Lite
Inflation targeting lite (ITL) countries float their exchange rate and announce an inflation target, but are not able to maintain the inflation target as the foremost policy objective. This paper identifies 19 emerging market countries as practitioners of ITL. They seem to focus mainly on bringing i...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
2003
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Schriftenreihe: | IMF Working Papers
Working Paper No. 03/12 |
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520 | 3 | |a Inflation targeting lite (ITL) countries float their exchange rate and announce an inflation target, but are not able to maintain the inflation target as the foremost policy objective. This paper identifies 19 emerging market countries as practitioners of ITL. They seem to focus mainly on bringing inflation into the single digits and maintaining financial stability. ITL can be viewed as a transitional regime aimed at buying time for the implementation of the structural reforms needed for a single credible nominal anchor. The important policy challenges for an ITL central bank include whether or not to precommit to a single anchor | |
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id | DE-604.BV048347096 |
illustrated | Not Illustrated |
index_date | 2024-07-03T20:13:23Z |
indexdate | 2024-11-25T18:02:39Z |
institution | BVB |
isbn | 1451842929 9781451842920 |
language | English |
oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-033726363 |
oclc_num | 1337133263 |
open_access_boolean | |
owner | DE-20 DE-824 DE-70 DE-155 DE-BY-UBR DE-29 DE-22 DE-BY-UBG DE-473 DE-BY-UBG DE-1102 DE-703 DE-859 DE-706 DE-384 DE-860 DE-19 DE-BY-UBM DE-739 DE-355 DE-BY-UBR DE-Aug4 DE-1049 DE-12 DE-91 DE-BY-TUM |
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physical | 1 Online-Ressource (29 p) |
psigel | ZDB-1-IMF |
publishDate | 2003 |
publishDateSearch | 2003 |
publishDateSort | 2003 |
publisher | International Monetary Fund |
record_format | marc |
series2 | IMF Working Papers |
spellingShingle | Stone, Mark R. Inflation Targeting Lite |
title | Inflation Targeting Lite |
title_auth | Inflation Targeting Lite |
title_exact_search | Inflation Targeting Lite |
title_exact_search_txtP | Inflation Targeting Lite |
title_full | Inflation Targeting Lite Stone, Mark R |
title_fullStr | Inflation Targeting Lite Stone, Mark R |
title_full_unstemmed | Inflation Targeting Lite Stone, Mark R |
title_short | Inflation Targeting Lite |
title_sort | inflation targeting lite |
url | http://elibrary.imf.org/view/IMF001/03577-9781451842920/03577-9781451842920/03577-9781451842920.xml |
work_keys_str_mv | AT stonemarkr inflationtargetinglite |