Sveriges Riksbank Economic Review 4rd Quarter 2002

REPORT - The fourth issue of the Riksbank's Economic Review contains three articles: one on the art of targeting inflation, one on the IRB approach in the Basel Committee's proposal for new capital adequacy rules, and one on reformed management of international financial crises.

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The art of targeting inflation

Although low inflation has been the primary objective for Swedish monetary policy since 1993, it was not until 1999 that a price stability objective was

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