caa a22 4500 378926969 CHVBK 20180305123620.0 cr unu---uuuuu 161128e200411 xx s 000 0 ger 10.1111/1468-2516.00161 doi (NATIONALLICENCE)gruyter-10.1111/1468-2516.00161 Bean Charles Inflation Targeting: The UK Experience [Elektronische Daten] [Charles Bean] I first review the background to the adoption of an inflation target in 1992 and the subsequent development of the regime, in particular the delegation of operational responsibility for monetary policy to the Bank of England in 1997 and the associated institutional framework. I then go on to explain some aspects of the way the MPC formulates and conducts policy at the Bank, relating it to some of the burgeoning literature on inflation targeting. I next review some aspects of performance since the Bank's independence. I conclude with a discussion of the topical question of how monetary policy should respond to asset price booms and high rates of debt accumulation. © 2014 by Walter de Gruyter GmbH & Co. Perspektiven der Wirtschaftspolitik De Gruyter 5/4(2004-11), 405-421 1465-6493 5:4<405 2004 5 pwp https://doi.org/10.1111/1468-2516.00161 text/html Onlinezugriff via DOI 1 research article jats NATIONALLICENCE 856 40 https://doi.org/10.1111/1468-2516.00161 text/html Onlinezugriff via DOI NATIONALLICENCE 100 1- Bean Charles NATIONALLICENCE 773 0- Perspektiven der Wirtschaftspolitik De Gruyter 5/4(2004-11), 405-421 1465-6493 5:4<405 2004 5 pwp CC0 http://creativecommons.org/publicdomain/zero/1.0 nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-gruyter