Um dos maiores especialistas em metas de inflação do mundo, Lars Svensson, está com um novo working paper no NBER sobre a metas de inflação (esse mesmo texto é um capítulo do Handbook of Monetary Economics, Volume 3a and 3b). Segue o abstract:
Inflation targeting is a monetary-policy strategy that is characterized by an announced numerical inflation target, an implementation of monetary policy that gives a major role to an inflation forecast and has been called forecast targeting, and a high degree of transparency and accountability. It was introduced in New Zealand in 1990, has been very successful in terms of stabilizing both inflation and the real economy, and has, as of 2010, been adopted by about 25 industrialized and emerging-market economies. The chapter discusses the history, macroeconomic effects, theory, practice, and future of inflation targeting.
Ainda não li mas recomendo a leitura, dado que tudo indica que 2011 será um ano problemático para a inflação.
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