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|c 5.00 USD
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|z 9781451850994
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|a 1018-5941
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|a BD-DhAAL
|c BD-DhAAL
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|a International Monetary Fund.
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|a The United Kingdom's Experience with Inflation Targeting.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 1998.
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|a 1 online resource (29 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a This paper reviews the first five years' experience with inflation targeting in the United Kingdom. It concludes that inflation performance was not significantly different under inflation targeting than predicted by a VAR model estimated in the period prior to participation in the exchange rate mechanism (ERM). Both short- and long-term interest rates were lower than predicted, however, which is consistent with the interpretation that some gains in credibility were achieved under the inflation targeting regime.
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|a Mode of access: Internet
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|a IMF Working Papers; Working Paper ;
|v No. 1998/087
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/1998/087/001.1998.issue-087-en.xml
|z IMF e-Library
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