IT Framework Design Parameters, Issues 2009-2087

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This is the third chapter of a forthcoming monograph entitled "On Implementing Full-Fledged Inflation-Targeting Regimes: Saying What You Do and Doing What You Say." It examines a number of elements in the design of an inflation-targeting framework. These include the definition of the target variable, the relevance of core measures of inflation, and the advantages and disadvantages of point targets, point targets with a band, and range targets. It then discusses the choice of a long-term inflation rate, the target horizon, and the policy horizon.

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About the author (2009)

Charles Freedman is a Senior Flash Developer for Yahoo! with a communications degree in film and television from Boston University. His development approach combines an education in multimedia with expertise and passion for building engaging and intuitive applications and content.
In recent years, Charles has produced some of the most highly visible Flash platform work, leading development for Yahoo! Maps and deploying modules for the home pages of eBay, eBay China and Fidelity. Born in Boston, Charles relocated with his wife Jamie to sunny Santa Clara, California, to join Yahoo! in 2005. Still a season ticket holder, he plans many trips back East to see his beloved Red Sox win another World Series.

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