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...

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Autor principal: Clinton, Kevin
Altres autors: Dagher, Jihad, Kamenik, Ondrej, Laxton, Douglas
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2010.
Col·lecció:IMF Working Papers; Working Paper ; No. 2010/025
Accés en línia:Full text available on IMF