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Inflation, Credibility, and the Role of the International Monetary Fund

Inflation, Credibility, and the Role of the International Monetary Fund »

Volume/Issue: 1998/12

Series: IMF Policy Discussion Papers

Author(s): Curzio Giannini , and Carlo Cottarelli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1998

DOI: http://dx.doi.org/10.5089/9781451969337.003

ISBN: 9781451969337

Keywords: Inflation, Fund-supported adjustment programs, Fund role, International Monetary Fund, credibility, price stability, central bank, exchange rate, current account

This paper argues that many developing countries may find it difficult to buttress disinflation programs purely through the adoption of traditional credibility-enhancing devices (such as monetary anchors and centra...

Inflation Targeting
			: What is the Meaning of the Bottom of the Band?

Inflation Targeting : What is the Meaning of the Bottom of the Band? »

Volume/Issue: 1999/8

Series: IMF Policy Discussion Papers

Author(s): Eric Clifton

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1999

DOI: http://dx.doi.org/10.5089/9781451970906.003

ISBN: 9781451970906

Keywords: Inflation targeting, credibility, monetary policy, inflation, price stability, inflation target

This paper investigates the meaning of the bottom of target bands in inflation targeting regimes. It is argued that the design of lower limits on target bands, if not done with care, can lead to a lack of transpare...

Inflation, Credibility, and the Role of the International Monetary Fund

Inflation, Credibility, and the Role of the International Monetary Fund »

Source: Inflation, Credibility, and the Role of the International Monetary Fund

Volume/Issue: 1998/12

Series: IMF Policy Discussion Papers

Author(s): Curzio Giannini , and Carlo Cottarelli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1998

ISBN: 9781451969337

Keywords: Inflation, Fund-supported adjustment programs, Fund role, International Monetary Fund, credibility, price stability, central bank, exchange rate, current account

This paper argues that many developing countries may find it difficult to buttress disinflation programs purely through the adoption of traditional credibility-enhancing devices (such as monetary anchors and centra...

Inflation Targeting

Inflation Targeting »

Source: Inflation Targeting : What is the Meaning of the Bottom of the Band?

Volume/Issue: 1999/8

Series: IMF Policy Discussion Papers

Author(s): Eric Clifton

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1999

ISBN: 9781451970906

Keywords: Inflation targeting, credibility, monetary policy, inflation, price stability, inflation target

This paper investigates the meaning of the bottom of target bands in inflation targeting regimes. It is argued that the design of lower limits on target bands, if not done with care, can lead to a lack of transpare...