Stabilizing Inflation in Iceland /

This paper provides some empirical estimates on how tightly is it feasible to control inflation in a very small open economy such as Iceland. Estimated macroeconomic models of Canada, Iceland, New Zealand, the United Kingdom, and the United States are used to derive efficient monetary policy frontie...

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Bibliographic Details
Main Author: Honjo, Keiko
Other Authors: Hunt, Benjamin
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2006.
Series:IMF Working Papers; Working Paper ; No. 2006/262
Online Access:Full text available on IMF