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Inflation Targeting:
Lessons from the International Experience
Ben S. Bernanke, Thomas Laubach, Frederic S. Mishkin, & Adam S. Posen

Book Description | Reviews
Chapter 2 [PDF only]

TABLE OF CONTENTS:

List of Figures
Preface
Pt. 1Inflation Targeting: The Issues1
1Introduction3
2The Rationale for Inflation Targeting10
3Issues of Design and Implementation26
Pt. 2Case Studies and Empirical Evidence39
4German and Swiss Monetary Targeting: Precursors to Inflation Targeting41
5New Zealand: Inflation-Targeting Pioneer86
6Canada: Inflation Targets as Tools of Communication115
7United Kingdom: The Central Bank as Counterinflationary Conscience145
8Sweden: Searching for a Nominal Anchor172
9Three Small Open Economies: Israel, Australia, and Spain203
10Inflation Targeting: How Successful Has It Been?252
Pt. 3Conclusions285
11What Have We Learned?287
12Inflation Targeting for the United States and the European Monetary Union309
Notes335
References355
Index367

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File created: 11/11/2014

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