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

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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_and_publications/discussion_papers/1997/g97_8.pdf
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Bibliographic 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
Date of revision:
Handle: RePEc:nzb:nzbdps:1997/08

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Cited by:
  1. Esteban Pérez Caldentey & Matías Vernengo, 2013. "Is Inflation Targeting Operative in an Open Economy Setting?," Working Papers, Political Economy Research Institute, University of Massachusetts at Amherst wp324, Political Economy Research Institute, University of Massachusetts at Amherst.
  2. Svensson, Lars E. O., 1998. "Inflation targeting as a monetary policy rule," CFS Working Paper Series, Center for Financial Studies (CFS) 1998/16, Center for Financial Studies (CFS).
  3. Dai, Meixing & Sidiropoulos, Moïse, 2003. "Inflation Targeting, Capital Mobility and Macroeconomic Stability," MPRA Paper 13858, University Library of Munich, Germany, revised May 2005.
  4. Adrian Orr & Alasdair Scott & Bruce White, 1998. "The exchange rate and inflation targeting," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, Reserve Bank of New Zealand, vol. 61, September.
  5. Nicoletta Batini & Douglas Laxton, 2006. "Under What Conditions Can Inflation Targeting Be Adopted? The Experience of Emerging Markets," Working Papers Central Bank of Chile, Central Bank of Chile 406, Central Bank of Chile.
  6. Dai, Meixing & Sidiropoulos, Moïse, 2005. "Flexibility in inflation targeting, financial markets and macroeconomic stability," MPRA Paper 13864, University Library of Munich, Germany.
  7. 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, Reserve Bank of New Zealand DP 2004/06, Reserve Bank of New Zealand.
  8. POPESCU Iulian Vasile, 2013. "Monetary Policy Rules For European Monetary Union Acceding Countries," Studies in Business and Economics, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 8(2), pages 108-122, August.
  9. Ferro, Gustavo, 2007. "Metas de inflación ¿qué hay de nuevo bajo el sol?
    [Inflation Targeting. What's new under the sun?]
    ," MPRA Paper 15069, University Library of Munich, Germany, revised 11 Mar 2008.

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