Inflation Targeting Under Potential Output Uncertainty /
To achieve their price stability objectives, many monetary authorities use the gap between current and potential output as an indicator of future price pressures. This policy-setting strategy has been criticized because potential output estimates have a high degree of uncertainty. In this paper, est...
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| Format: | Žurnal |
| Jezik: | English |
| Izdano: |
Washington, D.C. :
International Monetary Fund,
2000.
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| Serija: | IMF Working Papers; Working Paper ;
No. 2000/158 |
| Online pristup: | Full text available on IMF |