A Model for Full-Fledged Inflation Targeting and Application to Ghana /

A model in which monetary policy pursues full-fledged inflation targeting adapts well to Ghana. Model features include: endogenous policy credibility; non-linearities in the inflation process; and a policy loss function that aims to minimize the variability of output and the interest rate, as well a...

ver descrição completa

Detalhes bibliográficos
Autor principal: Clinton, Kevin
Outros Autores: Dagher, Jihad, Kamenik, Ondrej, Laxton, Douglas
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2010.
coleção:IMF Working Papers; Working Paper ; No. 2010/025
Acesso em linha:Full text available on IMF