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...

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Hlavní autor: Green, J.
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 1996.
Edice:IMF Working Papers; Working Paper ; No. 1996/065
On-line přístup:Full text available on IMF