Greater Monetary Policy Transparency for the G3 : Lessons From Full-Fledged Inflation Targeters /

The experience of full-fledged inflation targeting (FFIT) countries is used here to shed light on the costs and benefits of greater monetary policy transparency for the G3. For the United States and the euro area, a hypothetical adoption of FFIT would incur a cost of less discretion while gaining th...

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Bibliographic Details
Main Author: Stone, Mark
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2003.
Series:IMF Working Papers; Working Paper ; No. 2003/218
Online Access:Full text available on IMF