John LODEWIJKS • Mehdi Siamak MONADJEMI

Post Inflation Targeting Monetary Policy: A Study of Britain, Japan and the United

Expert Journal of Economics
2(1)
pp. 21-29
The Author(s). 2014

Received: April 26, 2013
Accepted: May 6, 2013
Published: May 15, 2014
There is now considerable disquiet about the appropriate monetary strategy that central banks should follow in the aftermath of the global financial crisis. Several influential commentators have called for the abandonment of inflation targeting. Empirical research examining three major economies demonstrates that inflation targeting was effective prior to the crisis and a more flexible form of targeting may still be appropriate after the crisis.
Keywords
JEL Classification E52, E58, E65
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Article Rights and License
© 2014 The Authors. Published by Sprint Investify. ISSN 2359-7712. This article is licensed under a Creative Commons Attribution 4.0 International License. Creative Commons License
Corresponding Author
Mehdi Siamak Monadjemi, Australian School of Business, University of New South Wales, Sydney, Australia
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Author(s)

John LODEWIJKS
University of New South Wales, Australia S P Jain School of Global Management

Mehdi Siamak MONADJEMI
University of New South Wales, Australia
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