The Case for a Long-Run Inflation Target of Four Percent /

The Case for a Long-Run Inflation Target of Four Percent /

Many central banks target an inflation rate near two percent. This essay argues that policymakers would do better to target four percent inflation. A four percent target would ease the constraints on monetary policy arising from the zero bound on interest rates, with the result that economic downtur...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक:	Ball, Laurence
स्वरूप:	पत्रिका
भाषा:	English
प्रकाशित:	Washington, D.C. : International Monetary Fund, 2014.
श्रृंखला:	IMF Working Papers; Working Paper ; No. 2014/092
ऑनलाइन पहुंच:	Full text available on IMF

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