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...
| প্রধান লেখক: | |
|---|---|
| বিন্যাস: | পত্রিকা |
| ভাষা: | English |
| প্রকাশিত: |
Washington, D.C. :
International Monetary Fund,
2014.
|
| মালা: | IMF Working Papers; Working Paper ;
No. 2014/092 |
| অনলাইন ব্যবহার করুন: | Full text available on IMF |