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...

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Detaylı Bibliyografya
Yazar: Isard, Peter
Diğer Yazarlar: Eliasson, Ann-Charlotte, Laxton, Douglas
Materyal Türü: Dergi
Dil:English
Baskı/Yayın Bilgisi: Washington, D.C. : International Monetary Fund, 2001.
Seri Bilgileri:IMF Working Papers; Working Paper ; No. 2001/007
Online Erişim:Full text available on IMF