Incorporating Financial Stability in Inflation Targeting Frameworks /
The global financial crisis has exposed the limitations of a conventional inflation targeting (IT) framework in insulating an economy from shocks, and demonstrated that its rigid application may aggravate the effect of shocks on output and inflation. Accordingly, we investigate possible refinements...
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| Format: | Revue |
| Langue: | English |
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Washington, D.C. :
International Monetary Fund,
2011.
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| Collection: | IMF Working Papers; Working Paper ;
No. 2011/224 |
| Accès en ligne: | Full text available on IMF |