inflationforecastsandmonetary__policy教程.pdf

Inflation Forecasts and Monetary Policy Author(s): Ben S. Bernanke and Michael Woodford Source: Journal of Money, Credit and Banking, Vol. 29, No. 4, Part 2: Dynamic Effects of Monetary Policy (Nov., 1997), pp. 653-684 Published by: Ohio State University Press Stable URL: /stable/2953656 . Accessed: 23/03/2011 07:48 Your use of the JSTOR archive indicates your acceptance of JSTORs Terms and Conditions of Use, available at . /page/info/about/policies/terms.jsp. JSTORs Terms and Conditions of Use provides, in part, that unless you have obtained prior permission, you may not download an entire issue of a journal or multiple copies of articles, and you may use content in the JSTOR archive only for your personal, non-commercial use. Please contact the publisher regarding any further use of this work. Publisher contact information may be obtained at . /action/showPublisher?publisherCode=ohiosup. . Each copy of any part of a JSTOR transmission must contain the same copyright notice that appears on the screen or printed page of such transmission. JSTOR is a not-for-profit service that helps scholars, researchers, and students discover, use, and build upon a wide range of content in a trusted digital archive. We use information technology and tools to increase productivity and facilitate new forms of scholarship. For more information about JSTOR, please contact support@. Ohio State University Press is collaborating with JSTOR to digitize, preserve and extend access to Journal of Money, Credit and Banking. BEN S. BERNANKE MICHAEL WOODFORD InflationForecastsandMonetaryPolicy Proposalsfor inflationtargetingas a strategyfor monetarypolicy leave open the importantquestion of how to determinewhethercurrentpolicies are consistent with the long-mn infl