PARA POLİTİKASI STRATEJİSİ OLARAK ENFLASYON HEDEFLEMESİNİN ETKİNLİĞİNİN ARTIRILMASI İÇİN ALINMASI GEREKEN ÖNLEMLER

Year 2002, Volume: 5 Issue: 18, 133 - 139, 28.06.2002

Erdal Demirhan

https://doi.org/10.14783/maruoneri.683284

Abstract

There has been a consensus on the importance of price stability as the overriding long term objective for monetary policy in literature. Within this context, many industrial and developing economies have recently adopted explicit inflation targeting as their monetary policy regime. Several issues must be taken into consideration if the inflation targeting regime is to be efficient. In particular, they include selecting a relevant price index; specification of the numerical value and horizon for the inflation target; definition of the range of the target variable; providing the central bank with instrument independency; ensuring the transparency and accountability of monetary policy; developing a reliable economic model of inflation.

Keywords

Para politikası, Para politikası stratejisi, Enflasyon hedeflemesi

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