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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Dettagli Bibliografici
Autore principale: Clinton, Kevin
Altri autori: Dagher, Jihad, Kamenik, Ondrej, Laxton, Douglas
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2010.
Serie:IMF Working Papers; Working Paper ; No. 2010/025
Accesso online:Full text available on IMF