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IMF Working Papers: Preliminary Considerations of an Inflation Targeting Framework for the Philippines by Guy Debelle and G. C. Lim (1998, E-book)

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Product Information

Monetary policy in the Philippines has had multiple objectives. Moreover, shifts in money demand and the money multiplier have made base money a less reliable anchor for monetary policy. Hence, on present policies, a steady reduction in inflation is not assured, and changes to the monetary policy framework should be considered. This paper reviews the benefits as well as the constraints of an inflation targeting framework and the necessary preconditions--both in terms of the institutional infrastructure and the appropriate inflation target--for its successful implementation, including the ability to forecast inflation reasonably well over policy-relevant time horizons.

Product Identifiers

Publisher
International Monetary Fund
ISBN-10
1451893140
ISBN-13
9781451893144
eBay Product ID (ePID)
168445292

Product Key Features

Book Title
Preliminary Considerations of an Inflation Targeting Framework for the Philippines
Author
G. C. Lim, Guy Debelle
Format
eBook
Language
English
Topic
Banks & Banking, General, Forecasting
Publication Year
1998
Genre
Business & Economics
Number of Pages
30 Pages

Dimensions

Item Length
11in
Item Height
0.3in
Item Width
8.5in

Additional Product Features

Series Volume Number
No. 98/39
Lc Classification Number
Hg230.3
eBook Format
Portable Document Format
Copyright Date
1998
Series
Imf Working Papers

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IMF Working Papers: Preliminary Considerations of an Inflation Targeting Framework for the Philippines by Guy Debelle and G. C. Lim (1998, E-book)

About this product

Product Information

Product Identifiers

Product Key Features

Dimensions

Additional Product Features

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