This study reviews the literature on the contribution of low inflation to economic growth and the subsequent widespread adoption of inflation targeting as a mon

"The author addresses the challenges and oportunities associated with inflation targeting as a monetary policy framework. The study focuses on two major interna

Since the financial crisis of 2008/09, the world’s major central banks have been struggling to return their economies to higher growth and to reach their infl

How should governments and central banks use monetary policy to create a healthy economy? Traditionally, policymakers have used such strategies as controlling t

This book by a leading authority on monetary policy offers a unique view of the subject from the perspectives of both scholar and practitioner. Frederic Mishkin