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A review of inflation targeting in developed countries

Author

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  • Michael Dotsey

Abstract

In ?A Review of Inflation Targeting in Developed Countries,? Mike Dotsey examines five countries that have been targeting inflation for at least 10 years and whose inflation rates, though fairly well contained before inflation targeting, were nonetheless considered too high by policymakers. For purposes of comparison, he also looks at the economic performance of six noninflation-targeting countries

Suggested Citation

  • Michael Dotsey, 2006. "A review of inflation targeting in developed countries," Business Review, Federal Reserve Bank of Philadelphia, issue Q3, pages 10-20.
    • Handle: RePEc:fip:fedpbr:y:2006:i:q3:p:10-20
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    File URL: https://www.philadelphiafed.org/-/media/frbp/assets/economy/articles/business-review/2006/q3/br_q3-2006-2_review_inflation.pdf
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    Citations

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    Cited by:

    1. Steve Ambler, 2009. "Price‐Level Targeting And Stabilisation Policy: A Survey," Journal of Economic Surveys, Wiley Blackwell, vol. 23(5), pages 974-997, December.
    2. Aysen Arac & Funda Telatar & Erdinc Telatar, 2012. "Investigating the Time Varying Nature of the Link between Inflation and Currency Substitution in the Turkish Economy," Hacettepe University Department of Economics Working Papers 20122, Hacettepe University, Department of Economics.
    3. Tambakis Demosthenes N., 2009. "Optimal Monetary Policy with a Convex Phillips Curve," The B.E. Journal of Macroeconomics, De Gruyter, vol. 9(1), pages 1-25, June.
    4. de Mendonça, Helder Ferreira & de Guimarães e Souza, Gustavo José, 2012. "Is inflation targeting a good remedy to control inflation?," Journal of Development Economics, Elsevier, vol. 98(2), pages 178-191.
    5. Marius Constantin APOSTOAIE, 2011. "Inflation Targeting In Romania in the Perspective of Joining the Exchange Rate Mechanism II," Timisoara Journal of Economics, West University of Timisoara, Romania, Faculty of Economics and Business Administration, vol. 4(1(13)), pages 43-56.

    More about this item

    Keywords

    Inflation (Finance);

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