Advancing the Frontiers of Monetary Policy - Adrian, Tobias; Laxton, Douglas; Obstfeld, Maurice
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Inflation-forecast targeting is state of the art for monetary policy. This book explores first principles, including managing short-term policy trade-offs, outlines efficient operational procedures, and reviews the experiences of Canada, the Czech Republic, and India.

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Inflation-forecast targeting is state of the art for monetary policy. This book explores first principles, including managing short-term policy trade-offs, outlines efficient operational procedures, and reviews the experiences of Canada, the Czech Republic, and India.