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International Inflation Targeting Experience

Author

Listed:
  • Alexander V. Charkin

    (The State University of the Ministry of Finance of the Russia, Moscow, Russia)

Abstract

The article presents an overview of the experience of transfer to inflation targeting of three countries representing various inflation-targeting groups of countries: England, one of the pioneer countries; Chile, one of the «second wave» countries, and Norway, a «third wave» country. The article presents the statistics defining efficiency of the introduced regimes and the most significant conclusions based on these countries’ experience.

Suggested Citation

  • Alexander V. Charkin, 2012. "International Inflation Targeting Experience," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 1, pages 115-128, January.
    • Handle: RePEc:fru:finjrn:120112:p:115-128
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    More about this item

    Keywords

    inflation targeting; monetary policy; crisis; monetary conditions; nominal anchor;
    All these keywords.

    JEL classification:

    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
    • G18 - Financial Economics - - General Financial Markets - - - Government Policy and Regulation

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