'What Should Inflation Targeting Countries Do When Oil Prices Rise and Drop Fast?' /

After a long period of global price stability, in 2008 inflation increased sharply following unprecedented increases in the price of oil and other commodities, notably food. Although inflation remained lower and growth higher in inflation targeting countries than elsewhere, almost everywhere price s...

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Bibliographic Details
Main Author: Batini, Nicoletta
Other Authors: Tereanu, Eugen
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2009.
Series:IMF Working Papers; Working Paper ; No. 2009/101
Online Access:Full text available on IMF