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Inflation Targeting: a Theoretical Basis

Author

Listed:
  • Aleksandr V. Charkin

    (Budget and Treasury Academy of the Ministry of Finance of the Russian Federation, Moscow, Russia)

Abstract

The article author dwells on the inflation targeting and its key characteristics, he offers his own definition to the term that can be of much help to the researchers. He identifies the issues associated with improving the efficiency of inflation targeting, including the ones that emerged during the period of the world economic crisis, and offers the solutions to the problem. He notes that the inflation targeting schemes should be examined in detail on the national level.

Suggested Citation

  • Aleksandr V. Charkin, 2011. "Inflation Targeting: a Theoretical Basis," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 1, pages 103-110, January.
    • Handle: RePEc:fru:finjrn:110109:p:103-110
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    File URL: http://www.nifi.ru/images/FILES/Journal/Archive/2011/1/statii/2011_01_09.pdf
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    Citations

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    Cited by:

    1. Victoria P. Litvinets, 2023. "Inflation Targeting and Economic Growth in Developed and Developing Countries: Evaluation of the Policy Effectiveness Using CS-ARDL Approach," Journal of Applied Economic Research, Graduate School of Economics and Management, Ural Federal University, vol. 22(4), pages 814-833.

    More about this item

    Keywords

    inflation targeting; monetary policy; crisis; transmission mechanism;
    All these keywords.

    JEL classification:

    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies

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