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Inflation targeting as a stabilisation tool: Its design and performance in the Czech Republic

dc.contributor.authorKotlán, Viktor
dc.contributor.authorNavrátil, David
dc.date.accessioned2006-10-26T14:44:13Z
dc.date.available2006-10-26T14:44:13Z
dc.date.issued2003
dc.identifier.citationFinance a úvěr. 2003, roč. 53, č. 5-6, s. 220-242.en
dc.identifier.issn0015-1920
dc.identifier.urihttp://hdl.handle.net/10084/57436
dc.language.isoenen
dc.publisherUniverzita Karlova. Fakulta sociálních věden
dc.relation.ispartofseriesFinance a úvěren
dc.subjectinflation targetingen
dc.subjectmeasuring performance of monetary policyen
dc.titleInflation targeting as a stabilisation tool: Its design and performance in the Czech Republicen
dc.typearticleen
dc.identifier.locationVe fondu ÚKen
dc.description.abstract-enThe article focuses on the development and performance of inflation targeting in the Czech Republic. It is shown that the particulars of the Czech inflation-targeting regime developed from a rather specific setting toward a framework based on international best practices. Its performance is evaluated using three methods. The results suggest that even though inflation targets have been missed more often than met, the practice of inflation targeting has significantly contributed to the stabilization of the Czech economy.
dc.identifier.wos000184122800002


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