What Measure of Inflation Should a Developing Country Central Bank Target? /
In closed or open economy models with complete markets, targeting core inflation enables monetary policy to maximize welfare by replicating the flexible price equilibrium. We analyze this result in the context of developing economies, where a large proportion of households are credit constrained and...
| প্রধান লেখক: | |
|---|---|
| অন্যান্য লেখক: | , |
| বিন্যাস: | পত্রিকা |
| ভাষা: | English |
| প্রকাশিত: |
Washington, D.C. :
International Monetary Fund,
2015.
|
| মালা: | IMF Working Papers; Working Paper ;
No. 2015/205 |
| অনলাইন ব্যবহার করুন: | Full text available on IMF |