Mishkin, Frederic S.
Monetary policy strategies for Latin America Frederic S. Mishkin and Miguel A. Savastano. [electronic resource] / Frederic S. Mishkin and Miguel A. Savastano. - Washington, D.C. : World Bank, Financial Sector Strategy and Policy Department, 2001. - Policy research working paper ; 2685 . - Policy research working papers ; 2685. World Bank e-Library. .
"October 2001." Title from title screen as viewed on Aug. 26, 2002.
Includes bibliographical references (p. 29-31).
Instead of focusing the debate about the conduct of monetary policy on whether the normal exchange rate should be fixed or flexible, the focus should be on whether the monetary policy regime appropriately constrains discretion in monetary policymaking. Three frameworks deserve serious discussion as possible long-run strategies for monetary policy in Latin America. A hard exchange-rate peg, monetary targeting, and inflation targeting.
2002615934
Anti-inflationary policies--Latin America.
Foreign exchange rates--Latin America.
Inflation (Finance)--Latin America.
Monetary policy--Latin America.
HG3881.5.W57
Monetary policy strategies for Latin America Frederic S. Mishkin and Miguel A. Savastano. [electronic resource] / Frederic S. Mishkin and Miguel A. Savastano. - Washington, D.C. : World Bank, Financial Sector Strategy and Policy Department, 2001. - Policy research working paper ; 2685 . - Policy research working papers ; 2685. World Bank e-Library. .
"October 2001." Title from title screen as viewed on Aug. 26, 2002.
Includes bibliographical references (p. 29-31).
Instead of focusing the debate about the conduct of monetary policy on whether the normal exchange rate should be fixed or flexible, the focus should be on whether the monetary policy regime appropriately constrains discretion in monetary policymaking. Three frameworks deserve serious discussion as possible long-run strategies for monetary policy in Latin America. A hard exchange-rate peg, monetary targeting, and inflation targeting.
2002615934
Anti-inflationary policies--Latin America.
Foreign exchange rates--Latin America.
Inflation (Finance)--Latin America.
Monetary policy--Latin America.
HG3881.5.W57