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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Detalhes bibliográficos
Autor principal: Stone, Mark
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2003.
coleção:IMF Working Papers; Working Paper ; No. 2003/218
Acesso em linha:Full text available on IMF