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

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

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

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