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Inflation Targeting And Financial Stability During The Financial Crisis

Author

Listed:
  • Livia Maria Rotaru

    (Bucharest University of Economic Studies)

Abstract

The discussion on the conflict or complementarity between financial stability and price stability has always been one of great interest for economists, but this issue becomes even more relevant when confronted with special circumstances such as the recent financial crisis. It can be suggested that inflation targeting can contribute somewhat to a better economic response to such a shock. Comparing a sample of countries that have chosen inflation targeting with some that have not, both individually and overall, with respect to certain key indicators, we try to see if inflation targeting actually contributes to a country’s financial stability.

Suggested Citation

  • Livia Maria Rotaru, 2013. "Inflation Targeting And Financial Stability During The Financial Crisis," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(Special I), pages 489-504, March.
    • Handle: RePEc:agr:journl:v:xx:y:2013:i:special-i:p:489-504
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