International Practice of Inflation Targeting: Israel as a Case Study
https://doi.org/10.24833/2071-8160-2013-1-28-135-143
Abstract
The article deals with the transition to inflation targeting, which is a flexible and relatively new method of monetary policy. The Israeli experience in this field is analyzed. The paper shows that, after long periods of high inflation and disinflation the Bank of Israel has adopted the most efficient and painless for other macroeconomic objectives tools.
About the Authors
A. V. Fedorchenko
Московский государственный институт международных отношений (университет) МИД России. Россия, 119454, Москва, пр. Вернадского, 76.
Russian Federation
Russian Federation
F. V. Malahov
МГУ им. М.В. Ломоносова
Russian Federation
Russian Federation
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Review
For citations:
Fedorchenko A.V., Malahov F.V. International Practice of Inflation Targeting: Israel as a Case Study. MGIMO Review of International Relations. 2013;(1(28)):135-143. (In Russ.) https://doi.org/10.24833/2071-8160-2013-1-28-135-143
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