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100   $a20041202d2009      uf             0
101 0 $aeng
135   $aur|n|---|||||
181   $ctxt
182   $cc
183   $acr
200 10$aIT framework design parameters$b[electronic resource] /$fprepared by Charles Freedman and Douglas Laxton
210   $a[Washington D.C.] $cInternational Monetary Fund$d2009
215   $a1 online resource (18 p.)
225 1 $aIMF working paper ;$vWP/09/87
300   $aDescription based upon print version of record.
311   $a1-4519-1669-8 
320   $aIncludes bibliographical references.
327   $aContents; I. Introduction; II. Definition of the Target Variable; III. Core Inflation; IV. Point Target, Point Target with Band, and Range Target; Figures; 1. UK Inflation Expectations 10 Years Ahead; V. Choice of Long-Term Inflation Rate; VI. Target Horizon; VII. Loss Function and Policy Horizon; 2. Responses to Unfavorable and Favorable Supply Shocks (Positive Shock Circle;  Negative Shock Triangle); References
330   $aThis is the third chapter of a forthcoming monograph entitled ""On Implementing Full-Fledged Inflation-Targeting Regimes: Saying What You Do and Doing What You Say."" It examines a number of elements in the design of an inflation-targeting framework. These include the definition of the target variable, the relevance of core measures of inflation, and the advantages and disadvantages of point targets, point targets with a band, and range targets. It then discusses the choice of a long-term inflation rate, the target horizon, and the policy horizon.
410  0$aIMF working paper ;$vWP/09/87.
606   $aInflation (Finance)
606   $aAnti-inflationary policies
608   $aElectronic books.
615  0$aInflation (Finance)
615  0$aAnti-inflationary policies.
700   $aFreedman$b Charles$0873379
701   $aLaxton$b Douglas$0860295
801  0$bMiAaPQ
801  1$bMiAaPQ
801  2$bMiAaPQ
906   $aBOOK
912   $a9910464011303321
996   $aIT framework design parameters$92292186
997   $aUNINA