An Investigation of Output Variance Before and During Inflation Targeting /
Since Taylor estimated a trade-off between inflation and output variance, it has been widely accepted that efforts to keep the inflation rate 'too low and stable' will likely result in relatively larger output fluctuations. Following the generalized reduction in inflation variance in the 1...
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| Materyal Türü: | Dergi |
| Dil: | English |
| Baskı/Yayın Bilgisi: |
Washington, D.C. :
International Monetary Fund,
2001.
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| Seri Bilgileri: | IMF Working Papers; Working Paper ;
No. 2001/215 |
| Online Erişim: | Full text available on IMF |