Inflation Targeting with NAIRU Uncertainty and Endogenous Policy Credibility /

Stochastic simulations are employed to compare performance of monetary policy rules in linear and nonlinear variants of a small macro model with NAIRU uncertainity under different assumptions about the way inflation expectations are formed. Cases in which policy credibility is ignored or treated as...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Isard, Peter
مؤلفون آخرون: Eliasson, Ann-Charlotte, Laxton, Douglas
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2001.
سلاسل:IMF Working Papers; Working Paper ; No. 2001/007
الوصول للمادة أونلاين:Full text available on IMF