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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Andre forfattere: | , , |
Format: | Tidsskrift |
Sprog: | English |
Udgivet: |
Washington, D.C. :
International Monetary Fund,
2010.
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Serier: | IMF Working Papers; Working Paper ;
No. 2010/025 |
Online adgang: | Full text available on IMF |