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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Bibliografische gegevens
Hoofdauteur: Green, J.
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 1996.
Reeks:IMF Working Papers; Working Paper ; No. 1996/065
Online toegang:Full text available on IMF