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- W2379269308 abstract "This paper firstly analyzes the connotation of the inflation targeting system as the most popular target rules in the world.Although there are different opinions as to inflation targeting,scholars at least have formed a consensus about the following features: 1) definition of a quantitative inflation target;2) increasing degree of policy transparency and 3) central banks respond to the achievement of the inflation target.On top of that,we can define inflation targeting as a system related to monetary policy making and implementing,including instruments,policy targets,information variables and ultimate goals.We also construct theoretical models of the inflation targeting system.As far as China is concerned,it is concluded that the flexible inflation target doesn't fit well with China's monetary policy practice based on our test." @default.
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- W2379269308 date "2006-01-01" @default.
- W2379269308 modified "2023-09-23" @default.
- W2379269308 title "The Connotation of Inflation Targeting and Its Test in China" @default.
- W2379269308 hasPublicationYear "2006" @default.
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