International Practice of Inflation Targeting: Israel as a Case Study

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 effici...

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Main Authors: A. V. Fedorchenko, F. V. Malahov
Format: Article
Language:English
Published: MGIMO University Press 2013-02-01
Series:Vestnik MGIMO-Universiteta
Subjects:
Online Access:https://www.vestnik.mgimo.ru/jour/article/view/1527
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author A. V. Fedorchenko
F. V. Malahov
author_facet A. V. Fedorchenko
F. V. Malahov
author_sort A. V. Fedorchenko
collection DOAJ
description 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.
format Article
id doaj-art-da7d55b7519140e48ded806e91602002
institution Kabale University
issn 2071-8160
2541-9099
language English
publishDate 2013-02-01
publisher MGIMO University Press
record_format Article
series Vestnik MGIMO-Universiteta
spelling doaj-art-da7d55b7519140e48ded806e916020022025-01-30T12:16:05ZengMGIMO University PressVestnik MGIMO-Universiteta2071-81602541-90992013-02-0101(28)13514310.24833/2071-8160-2013-1-28-135-1431217International Practice of Inflation Targeting: Israel as a Case StudyA. V. Fedorchenko0F. V. Malahov1Московский государственный институт международных отношений (университет) МИД России. Россия, 119454, Москва, пр. Вернадского, 76.МГУ им. М.В. ЛомоносоваThe 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.https://www.vestnik.mgimo.ru/jour/article/view/1527monetary policyinflationinflation targetingexchange rate band
spellingShingle A. V. Fedorchenko
F. V. Malahov
International Practice of Inflation Targeting: Israel as a Case Study
Vestnik MGIMO-Universiteta
monetary policy
inflation
inflation targeting
exchange rate band
title International Practice of Inflation Targeting: Israel as a Case Study
title_full International Practice of Inflation Targeting: Israel as a Case Study
title_fullStr International Practice of Inflation Targeting: Israel as a Case Study
title_full_unstemmed International Practice of Inflation Targeting: Israel as a Case Study
title_short International Practice of Inflation Targeting: Israel as a Case Study
title_sort international practice of inflation targeting israel as a case study
topic monetary policy
inflation
inflation targeting
exchange rate band
url https://www.vestnik.mgimo.ru/jour/article/view/1527
work_keys_str_mv AT avfedorchenko internationalpracticeofinflationtargetingisraelasacasestudy
AT fvmalahov internationalpracticeofinflationtargetingisraelasacasestudy