Inflation Targeting and Output Growth : Empirical Evidence for the European Union.
This paper evaluates the performance of two alternative policy rules, a forward-looking rule and a spontaneous adjustment rule, under alternative inflation targets, in terms of output losses in a macroeconomic model, using European Union data. The simulations suggest that forward-looking rules contr...
| Institution som forfatter: | International Monetary Fund |
|---|---|
| Format: | Tidsskrift |
| Sprog: | English |
| Udgivet: |
Washington, D.C. :
International Monetary Fund,
2005.
|
| Serier: | IMF Working Papers; Working Paper ;
No. 2005/089 |
| Online adgang: | Full text available on IMF |
Lignende værker
-
Inflation Targeting and Output Stability /
af: Jadresic, Esteban
Udgivet: (1999) -
Inflation Targeting Under Potential Output Uncertainty /
af: Gaiduch, Victor
Udgivet: (2000) -
An Investigation of Output Variance Before and During Inflation Targeting /
af: Nadal De Simone, Francisco
Udgivet: (2001) -
Inflation Targeting in Korea : An Empirical Exploration /
af: Hoffmaister, Willy
Udgivet: (1999) -
Inflation Targeting and the Crisis : An Empirical Assessment /
af: de Carvalho Filho, Irineu
Udgivet: (2010)