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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Dettagli Bibliografici
Autore principale: Stone, Mark
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2003.
Serie:IMF Working Papers; Working Paper ; No. 2003/218
Accesso online:Full text available on IMF