Inflation Targeting in Emerging Market Countries

14 Pages Posted: 17 May 2000 Last revised: 2 Apr 2001

See all articles by Frederic S. Mishkin

Frederic S. Mishkin

Columbia Business School - Finance and Economics; 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 Business School - Finance and Economics ( email )

3022 Broadway
New York, NY 10027
United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
182
Abstract Views
3,713
rank
179,683
PlumX Metrics