Inflation Targeting and the Unemployment-Inflation Trade-off /

This paper examines the impact of the introduction of inflation targeting on the unemployment-inflation trade-off in OECD countries. Theoretical models suggest that the credibility-enhancing effects of the adoption of inflation targeting should cause an improvement in the unemployment-inflation trad...

Full description

Bibliographic Details
Main Author: Wong, Chorng-Huey
Other Authors: Clifton, Eric, Leon, Gene
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2001.
Series:IMF Working Papers; Working Paper ; No. 2001/166
Online Access:Full text available on IMF