Inflation Targeting in Emerging Market Countries

14 Pages Posted: 17 May 2000 Last revised: 27 Oct 2022

See all articles by Frederic S. Mishkin

Frederic S. Mishkin

Columbia University - Columbia Business School, Finance; National Bureau of Economic Research (NBER)

Date Written: August 2000

Abstract

This paper outlines what inflation targeting involves for emerging market/transition countries and discusses the advantages and disadvantages of this monetary policy strategy. The discussion suggests that although inflation targeting is not a panacea and may not be appropriate for many emerging market countries, it can be a highly useful monetary policy strategy in a number of them.

Suggested Citation

Mishkin, Frederic S., Inflation Targeting in Emerging Market Countries (August 2000). NBER Working Paper No. w7618, Available at SSRN: https://ssrn.com/abstract=228089

Frederic S. Mishkin (Contact Author)

Columbia University - Columbia Business School, Finance ( email )

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National Bureau of Economic Research (NBER)

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