Inflation Targeting and Communication : It Pays Off to Read Inflation Reports /
Inflation-targeting central banks have a respectable track record at explaining their policy actions and corresponding inflation outturns. Using a simple forward-looking policy rule and an assessment of inflation reports, we provide a new methodology for the empirical evaluation of consistency in ce...
Main Author: | |
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Other Authors: | , , |
Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2008.
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Series: | IMF Working Papers; Working Paper ;
No. 2008/234 |
Online Access: | Full text available on IMF |