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...
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Other Authors: | , |
Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2001.
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Series: | IMF Working Papers; Working Paper ;
No. 2001/166 |
Online Access: | Full text available on IMF |