000			01985nam a22003734a 4500
001			WPIEA0871998
003			IMF
005			20190408083630.0
006			m o d
007			cr cn|||||||||
008			020129s1998 dcu o i00 0 eng d
020			_a1451850999 : _c15.00 USD
020			_z9781451850994
022			_a1018-5941
024	7		_a10.5089/9781451850994.001 _2doi
035			_a(IMF)WPIEA0871998
040			_aDcWaIMF _beng
110	2		_aInternational Monetary Fund.
245	1	4	_aThe United Kingdom's Experience with Inflation Targeting _h[electronic resource]
260			_aWashington, D.C. : _bInternational Monetary Fund, _c1998.
300			_a1 online resource (29 p.)
490	1		_aIMF Working Papers; Working Paper ; _vNo. 98/87
520	3		_aThis paper reviews the first five years' experience with inflation targeting in the United Kingdom. It concludes that inflation performance was not significantly different under inflation targeting than predicted by a VAR model estimated in the period prior to participation in the exchange rate mechanism (ERM). Both short- and long-term interest rates were lower than predicted, however, which is consistent with the interpretation that some gains in credibility were achieved under the inflation targeting regime.
588			_aDescription based on print version record.
650		7	_aCentral Bank _2imf
650		7	_aInflation Targeting _2imf
650		7	_aInflation _2imf
650		7	_aLong-Term Interest Rates _2imf
650		7	_aMonetary Framework _2imf
651		7	_aUnited Kingdom _2imf
776	0	8	_iPrint Version: _tThe United Kingdom's Experience with Inflation Targeting _dWashington, D.C. : International Monetary Fund, 1998. _z9781451850994
830		0	_aIMF Working Papers; Working Paper ; _vNo. 98/87
856	4	0	_uhttp://elibrary.imf.org/view/IMF001/07363-9781451850994/07363-9781451850994/07363-9781451850994.xml _zIMF e-Library
856	4	0	_uhttp://www.imfbookstore.org/IMFORG/9781451850994 _zIMF Book Store
999			_c166337 _d166337