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020 |a9781000422641|qelectronic book
020 |a100042264X|qelectronic book
020 |a9781003189244|qelectronic book
020 |a1003189245|qelectronic book
020 |a9781000421897|qelectronic book
020 |a1000421899|qelectronic book
020 |z9781032038278|qhardcover
020 |z9781032038261|qpaperback
035 |a(OCoLC)1237649944
035 |a(OCoLC-P)1237649944
040 |aOCoLC-P|beng|erda|cOCoLC-P
041 |aeng
049 |aTürk Tarih Kurumu Kütüphanesi
050 04|aHG230.3|b.N54 2022
072 7|aBUS|x045000|2bisacsh
072 7|aBUS|x069030|2bisacsh
072 7|aBUS|x039000|2bisacsh
072 7|aKCBM|2bicssc
082 00|a339.5/3|223
100 1 |aNiedźwiedzińska, Joanna,|eauthor.
245 10|aInflation targeting and central banks :|binstitutional set-ups and monetary policy effectiveness /|cJoanna Niedźwiedzińska.
264 1|aAbingdon, Oxon ;|aNew York, NY :|bRoutledge,|c2022.
264 4|c©2022
300 |a1 online resource (xviii, 363 pages) :|billustrations, maps.
336 |atext|btxt|2rdacontent
337 |acomputer|bc|2rdamedia
338 |aonline resource|bcr|2rdacarrier
490 1 |aBanking, money and international finance ;|v25
520 |a"Over the last three decades, inflation targeting (IT) has become the most popular monetary policy framework among larger economies. At the same time, its constituting features leave room for different interpretations, translating into various central banks' institutional set-ups. Against this backdrop, this book investigates the importance of institutional arrangements for policy outcomes. In particular, the book answers the question whether there are significant differences in IT central banks' institutional set-ups, and-if yes-whether they influence the ability of monetary authorities to meet their policy goals. The book examines around 70 aspects related to independence, accountability and transparency of 42 IT central banks over the last 30 years. Based on the analysis, it can be concluded that the quality of the institutional set-ups materially affects monetary policy effectiveness. In fact, a visible improvement of institutional arrangements resulting from pursuing an inflation targeting strategy can be treated as its lasting contribution to central banking. Thus, despite the recent critique of the framework, its prospects continue to be rather favourable. Overall, for the advocates of inflation targeting, the findings of the book can be seen as identifying the sources of IT strengths, while for IT opponents, they may be viewed as indicating which elements of IT institutional set-ups should be kept even if the need to replace this strategy with another regime will, indeed, result in a change. Given the role monetary policy plays within the economy, such knowledge may have significant implications. Therefore, the book will be relevant for different audiences, including scholars and researchers of monetary economics and monetary policy, and will be essential reading for central banks already pursuing an IT strategy or those preparing to adopt one"--|cProvided by publisher.
588 |aOCLC-licensed vendor bibliographic record.
650 0|aMonetary policy.
650 0|aBanks and banking.
650 0|aInflation (Finance)
650 0|aInternational finance.
650 7|aBUSINESS & ECONOMICS / Money & Monetary Policy|2bisacsh
650 7|aBUSINESS & ECONOMICS / Economics / Theory|2bisacsh
650 7|aBUSINESS & ECONOMICS / Economics / Macroeconomics|2bisacsh
856 40|3Taylor & Francis|uhttps://www.taylorfrancis.com/books/9781003189244
856 42|3OCLC metadata license agreement|uhttp://www.oclc.org/content/dam/oclc/forms/terms/vbrl-201703.pdf
901 |aTaylor & Francis