Nominal Income Targeting : A Critical Evaluation /

This paper evaluates the proposal that government authorities ought to target nominal income. It begins by viewing the literature in some detail. It then undertakes a theoretical analysis of the proposal first for the small country and next for the large country. There is then a general discussion o...

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Bibliographic Details
Main Author: Argy, Victor
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1991.
Series:IMF Working Papers; Working Paper ; No. 1991/092
Online Access:Full text available on IMF