Inflation Targeting : Theory and Policy Implications /
As with many monetary policy frameworks, inflation targeting is subject to the well-known problem of inflation bias. With inflation targeting, however, the bias becomes apparent not as inflation above desired levels, but as a wedge between the announced target and observed inflation. This inconsiste...
Glavni avtor: | |
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Format: | Revija |
Jezik: | English |
Izdano: |
Washington, D.C. :
International Monetary Fund,
1996.
|
Serija: | IMF Working Papers; Working Paper ;
No. 1996/065 |
Online dostop: | Full text available on IMF |