The ECB's Inflation Objective /
The ECB's objective of medium-term inflation below 2 percent has been portrayed by critics as ambiguous, asymmetric, and excessively stringent. This paper attempts a comprehensive evaluation of the trade-offs for the euro area and finds that: (1) in terms of guiding inflation expectations and p...
| 1. Verfasser: | |
|---|---|
| Format: | Zeitschrift |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C. :
International Monetary Fund,
2003.
|
| Schriftenreihe: | IMF Working Papers; Working Paper ;
No. 2003/091 |
| Online Zugang: | Full text available on IMF |