voprecotestВопросы экономикиVoprosy Ekonomiki0042-8736Voprosy Ekonomiki, NP10.32609/0042-8736-2014-10-44-55voprecotest-708Research ArticleМАКРОЭКОНОМИЧЕСКАЯ ПОЛИТИКАMACROECONOMIC POLICYТаргетирование инфляции: совершенствовать, а не списывать в утильInflation Targeting: Fix It, Don’t Scrap ItВудфордМ.WoodfordM.

профессор экономики Колумбийского университета (Нью-Йорк, США)

michael.woodford@columbia.eduКолумбийский университет (Нью-Йорк, США)РоссияColumbia University (New York, USA)Russian Federation2014201020140104455Copyright © Voprosy Ekonomiki, NP, 20142014Voprosy Ekonomiki, NPVoprosy Ekonomiki, NPhttps://www.vopreco.ru/jour/about/submissions#copyrightNoticehttps://www.vopreco.ru/jour/article/view/708

В статье анализируются предложения отказаться от таргетирования инфляции. Показано, что инфляционное таргетирование должно оставаться необходимым элементом политики макроэкономической стабилизации, но практику таргетирования нужно совершенствовать с учетом посткризисных реалий. Ключевая задача - повысить доверие агентов к деятельности центрального банка.

The paper analyzes the recent suggestions to abandon inflation targeting. The author shows that the idea of an inflation target should still be an inherent element of macroeconomic stabilization policy, but the practice of inflation targeting should be improved following the post-crisis realities. The key goal would be to maintain public confidence in the activities of the central bank.

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The authors declare that there are no conflicts of interest present.