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...
| সংস্থা লেখক: | |
|---|---|
| বিন্যাস: | পত্রিকা |
| ভাষা: | English |
| প্রকাশিত: |
Washington, D.C. :
International Monetary Fund,
2005.
|
| মালা: | IMF Working Papers; Working Paper ;
No. 2005/089 |
| অনলাইন ব্যবহার করুন: | Full text available on IMF |