Really Stable Monetary Policy

by Geoffrey Wood and Juan Fernandez

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It is generally agreed that inflation targeting has been successful in stabilising inflation and the real economy. As we celebrate the 21st anniversary of the adoption of inflation targeting in New Zealand, this monograph explores whether, in fact, we could do better with a fresh approach to the conduct of monetary policy. The authors show how the approach would also bring greater stability to financial markets.
  • ISBN10 0255366205
  • ISBN13 9780255366205
  • Publish Date 1 August 2014
  • Publish Status Unknown
  • Publish Country GB
  • Imprint Institute of Economic Affairs
  • Format Paperback
  • Pages 144
  • Language English