Monetary Policy Credibility and the Unemployment-Inflation Tradeoff : Some Evidence From 17 Industrial Countries /

Using data on long-term interest rates for 17 industrial countries, this paper develops some simple measures of monetary policy credibility and then tests if such measures improve the out-of-sample forecasts of conventional models of the inflation-unemployment process. The results provide some evide...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: N'Diaye, Papa
Awduron Eraill: Laxton, Douglas
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2002.
Cyfres:IMF Working Papers; Working Paper ; No. 2002/220
Mynediad Ar-lein:Full text available on IMF