What academics think of central banks’ current inflation targets and other objectives




Ambrocio Gene, Ferrero Andrea, Jokivuolle Esa, Ristolainen Kim

PublisherCentre for Economic Policy Research

2021

Voxeu.org

VoxEU.org

6.3.2021

https://voxeu.org/article/what-academics-think-central-banks-current-inflation-targets-and-other-objectives



Central banks often have inflation targets at the centre of their monetary policy regimes. This column presents survey data from 613 leading economists to explore their views on these inflation targets and wider policies within their countries of residence. The results suggest that maintaining the prevailing inflation target (for central banks that have one) has more support than changing it does. But more respondents are pessimistic about central banks’ ability to meet these targets, particularly in the euro area.



Last updated on 2024-26-11 at 16:25