Teorijske osnove targetirane inflacije
Theoretical Fundamentals Of Inflation Targeting

Summary/Abstract: The fact that by the year 2012, as many as 27 countries adopted the regime of target inflation (Serbia has been one of them since 2009) points to an increasing interest and growing popularity in the application of this monetary politics regime. As the number of countries adopting the regime of inflation targeting is growing, there is a strong need for it to be theoretically grounded. In this work we consider the bond between the appliance of the regime of inflation targeting and new keynesian dynamical models of general equilibrium - DSGE models with a leading economic mainstream (known as "new neoclassical synthesis"), and there are a few points of dispute that imply limited possibilities of the practical appliance of the above mentioned regime of monetary politics and models. When the creators of the monetary politics make decisions, it is necessary for them to take into account the understanding of initial principles, important characteristics and limits of applying this regime as well as all the accompanying instruments.

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