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...
Autor principal: | |
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Formato: | Periódico |
Idioma: | English |
Publicado em: |
Washington, D.C. :
International Monetary Fund,
2003.
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Colecção: | IMF Working Papers; Working Paper ;
No. 2003/091 |
Acesso em linha: | Full text available on IMF |