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...

תיאור מלא

מידע ביבליוגרפי
מחבר ראשי: Isard, Peter
מחברים אחרים: Eliasson, Ann-Charlotte, Laxton, Douglas
פורמט: כתב-עת
שפה:English
יצא לאור: Washington, D.C. : International Monetary Fund, 2001.
סדרה:IMF Working Papers; Working Paper ; No. 2001/007
גישה מקוונת:Full text available on IMF