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Inflation targeting in an open economy: strict or flexible inflation targeting?

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Author Info
Lars E O Svensson (Reserve Bank of New Zealand)

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Abstract

The author discusses "inflation targeting in an open economy and, in particular, about the choice between "strict" and "flexible" inflation targeting."

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File URL: http://www.rbnz.govt.nz/research/discusspapers/g97_8.pdf
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Publisher Info
Paper provided by Reserve Bank of New Zealand in its series Reserve Bank of New Zealand Discussion Paper Series with number G97/8.

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Length: 11p
Date of creation: Nov 1997
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Handle: RePEc:nzb:nzbdps:1997/08

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  1. Adrian Orr & Alasdair Scott & Bruce White, 1998. "The exchange rate and inflation targeting," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 61, September. [Downloadable!]
  2. Aaron Drew, 2001. "Lessons from Inflation Targeting in New Zealand," Working Papers Central Bank of Chile 113, Central Bank of Chile. [Downloadable!]
  3. Philip Liu, 2004. "Improving implementation of inflation targeting in New Zealand: an investigation of the Reserve Bank's inflation errors," Reserve Bank of New Zealand Discussion Paper Series DP 2004/06, Reserve Bank of New Zealand. [Downloadable!]
  4. Nicoletta Batini & Douglas Laxton, 2006. "Under What Conditions Can Inflation Targeting Be Adopted? The Experience of Emerging Markets," Working Papers Central Bank of Chile 406, Central Bank of Chile. [Downloadable!]
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