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  <titleInfo>
    <title>Advancing the frontiers of monetary policy</title>
  </titleInfo>
  <titleInfo type="alternative" displayLabel="Prepublication title:">
    <title>Expanding the frontiers of monetary policymaking</title>
  </titleInfo>
  <name type="personal">
    <namePart>Adrian, Tobias</namePart>
    <namePart type="date">1971-</namePart>
    <role>
      <roleTerm type="text">editor.</roleTerm>
    </role>
  </name>
  <name type="personal">
    <namePart>Laxton, Douglas</namePart>
    <role>
      <roleTerm type="text">editor.</roleTerm>
    </role>
  </name>
  <name type="personal">
    <namePart>Obstfeld, Maurice</namePart>
    <role>
      <roleTerm type="text">editor.</roleTerm>
    </role>
  </name>
  <name type="corporate">
    <namePart>International Monetary Fund</namePart>
  </name>
  <typeOfResource>text</typeOfResource>
  <genre authority="marc">bibliography</genre>
  <originInfo>
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    </place>
    <dateIssued encoding="marc">2018</dateIssued>
    <copyrightDate encoding="marc">2018</copyrightDate>
    <issuance>monographic</issuance>
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  <language>
    <languageTerm authority="iso639-2b" type="code">eng</languageTerm>
  </language>
  <physicalDescription>
    <form authority="marcform">electronic</form>
    <extent>xv, 279 pages : chiefly color illustrations ; 23 cm</extent>
  </physicalDescription>
  <abstract>Inflation-forecast targeting is state of the art for monetary policy. This book explores first principles, including managing short-term policy trade-offs. The book also outlines efficient operational procedures and reviews the experiences of Canada, the Czech Republic, and India. The analysis highlights the need for assertive policies and maximum transparency.</abstract>
  <tableOfContents>Part I. The frontiers of monetary policymaking. 1. An overview of inflation-forecast targeting -- Part II. Principles and practices of inflation-forecast targeting. 2. First principles -- 3. Managing expectations -- 4. Nuts and bolts of a forecasting and policy analysis system -- 5. Monetary operations -- 6. Monetary policy and financial stability -- 7. Financial conditions -- 8. Transparency and communications -- Part III. Inflation-forecast targeting in four countries. 9. Canada: a well-established system -- 10. Czech Republic: transition to the frontier -- 11. India: stabilizing inflation -- 12. United States: Federal Reserve's dual mandate -- Part IV. A widened perspective for inflation -forecast targeting. 13. Low-income countries -- 14. A robust and adaptable nominal anchor.</tableOfContents>
  <note type="statement of responsibility">Tobias Adrian, Douglas Laxton, Maurice Obstfeld, editors ; authors: Tobias Adrian [and fourteen others].</note>
  <note>Includes bibliographical references and index.</note>
  <note>License restrictions may limit access.</note>
  <subject authority="lcsh">
    <topic>Monetary policy</topic>
  </subject>
  <subject authority="lcsh">
    <topic>Inflation targeting</topic>
  </subject>
  <subject authority="lcsh">
    <topic>Central banks</topic>
  </subject>
  <subject authority="lcsh">
    <topic>Financial stability</topic>
  </subject>
  <subject authority="lcsh">
    <topic>Interest rates</topic>
  </subject>
  <subject authority="lcsh">
    <topic>Macroeconomics</topic>
  </subject>
  <classification authority="ddc" edition="23">332.46 A.D.V</classification>
  <identifier type="isbn">9781484325940</identifier>
  <identifier type="isbn">148432594X</identifier>
  <identifier type="isbn">9781484344484</identifier>
  <identifier type="isbn">1484344480</identifier>
  <identifier type="isbn">9781484344491</identifier>
  <identifier type="isbn">1484344499</identifier>
  <identifier type="isbn">9781484344521</identifier>
  <identifier type="isbn">1484344529</identifier>
  <identifier type="lccn">2017492882</identifier>
  <accessCondition type="restrictionOnAccess">License restrictions may limit access.</accessCondition>
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