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...
Autor principal: | |
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Formato: | Periódico |
Idioma: | English |
Publicado em: |
Washington, D.C. :
International Monetary Fund,
1996.
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Colecção: | IMF Working Papers; Working Paper ;
No. 1996/065 |
Acesso em linha: | Full text available on IMF |