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...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Isard, Peter
Rannpháirtithe: Eliasson, Ann-Charlotte, Laxton, Douglas
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2001.
Sraith:IMF Working Papers; Working Paper ; No. 2001/007
Rochtain ar líne:Full text available on IMF