Inflation Targeting in the United Kingdom : Information Content of Financial and Monetary Variables /

The main objective of this paper is to identify a set of leading indicators of inflation for the United Kingdom, and discuss the conceptual issues pertaining to inflation targeting. The main conclusions are that narrow money has strong leading indicator properties for inflation, while broad money do...

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Bibliographic Details
Main Author: Baumgartner, Josef
Other Authors: Ramaswamy, Ramana
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1996.
Series:IMF Working Papers; Working Paper ; No. 1996/044
Online Access:Full text available on IMF