| Lars E. O. Svensson - Anti-inflationary policies - 1996 - 52 pages
Inflation targeting is shown to imply inflation forecast targeting: the central bank's inflation forecast becomes an explicit intermediate target. Inflation forecast targeting ... | |
| John H. Green - Business & Economics - 1996 - 28 pages
As with many monetary policy frameworks, inflation targeting is subject to the well-known problem of inflation bias. With inflation targeting, however, the bias becomes ... | |
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