An Inflation Goal with Multiple Reference MeasuresDivisions of Research & Statistics and Monetary Affairs, Federal Reserve Board, 2005 - Anti-inflationary policies - 33 pages |
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accountability framework accountability structure Adam Copeland analysis Andrew Cohen announcing Aoki April Athanasios Orphanides August bank's Bernanke Brian Sack Business Cycle consumer prices core CPI core inflation core PCE Covitz CPIX December deviation Economics Discussion Series Egon Zakrajsek escape clauses February Federal Reserve Bank Finance and Economics Gurkaynak headline headline inflation inflation goal inflation indicators inflation miss inflation range inflation reports Inflation Targeting inflation-targeting central banks Interest Rates International Monetary Fund July long-run Macroeconomic Mankiw and Reis measure of inflation measurement error measurement uncertainty monetary aggregates Monetary Policy Mortgage Multiple Reference Measures November October official measure Optimal Inflation Optimal Monetary Policy optimal price index percentage points point-goal point-values price measure price sector quarterly range breaches rationale September 2005 shocks social welfare function special factors stability Stevens sticky price sticky-price Takeshi Kimura targeting framework total and core underlying inflation process unique official variance volatility weight William Whitesell