About this document
Inflation Targeting in Emerging Economies by Esme Garcia Ortiz is a document available to read on EtoBox.
The article discusses the relationship between inflation targeting and monetary policy rules, emphasizing that effective inflation targeting requires a well-defined policy rule. It highlights the evolution from using monetary aggregates to interest rates as instruments for policy, noting that both approaches have their merits and can be complementary. The author argues that a successful monetary policy framework must incorporate both inflation targets and appropriate rules to achieve economic stability in h
- Author
- Esme Garcia Ortiz
- Language
- EN