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010   $a1-282-84307-9
010   $a9786612843075
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100   $a20020129d2009      uf             0
101 0 $aeng
135   $aur|n|---|||||
181   $ctxt
182   $cc
183   $acr
200 10$aIt Framework Design Parameters /$fDouglas Laxton, Charles Freedman
210  1$aWashington, D.C. :$cInternational Monetary Fund,$d2009.
215   $a1 online resource (18 p.)
225 1 $aIMF Working Papers
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 3 $aThis is the third chapter of a forthcoming monograph entitled "On Implementing Full-Fledged Inflation-Targeting Regimes: Saying What You Do and Doing What You Say." It examines a number of elements in the design of an inflation-targeting framework. These include the definition of the target variable, the relevance of core measures of inflation, and the advantages and disadvantages of point targets, point targets with a band, and range targets. It then discusses the choice of a long-term inflation rate, the target horizon, and the policy horizon.
410  0$aIMF Working Papers; Working Paper ;$vNo. 2009/087
606   $aInflation (Finance)
606   $aAnti-inflationary policies
606   $aInflation$2imf
606   $aMacroeconomics$2imf
606   $aMoney and Monetary Policy$2imf
606   $aEconomic Theory$2imf
606   $aProduction and Operations Management$2imf
606   $aPrices, Business Fluctuations, and Cycles: General (includes Measurement and Data)$2imf
606   $aPrice Level$2imf
606   $aDeflation$2imf
606   $aCentral Banks and Their Policies$2imf
606   $aMonetary Policy$2imf
606   $aAgriculture: Aggregate Supply and Demand Analysis$2imf
606   $aPrices$2imf
606   $aMacroeconomics: Production$2imf
606   $aMonetary economics$2imf
606   $aEconomic theory & philosophy$2imf
606   $aInflation targeting$2imf
606   $aConsumer price indexes$2imf
606   $aSupply shocks$2imf
606   $aOutput gap$2imf
606   $aMonetary policy$2imf
606   $aEconomic theory$2imf
606   $aProduction$2imf
606   $aPrice indexes$2imf
606   $aSupply and demand$2imf
607   $aUnited Kingdom$2imf
615  0$aInflation (Finance)
615  0$aAnti-inflationary policies.
615  7$aInflation
615  7$aMacroeconomics
615  7$aMoney and Monetary Policy
615  7$aEconomic Theory
615  7$aProduction and Operations Management
615  7$aPrices, Business Fluctuations, and Cycles: General (includes Measurement and Data)
615  7$aPrice Level
615  7$aDeflation
615  7$aCentral Banks and Their Policies
615  7$aMonetary Policy
615  7$aAgriculture: Aggregate Supply and Demand Analysis
615  7$aPrices
615  7$aMacroeconomics: Production
615  7$aMonetary economics
615  7$aEconomic theory & philosophy
615  7$aInflation targeting
615  7$aConsumer price indexes
615  7$aSupply shocks
615  7$aOutput gap
615  7$aMonetary policy
615  7$aEconomic theory
615  7$aProduction
615  7$aPrice indexes
615  7$aSupply and demand
700   $aLaxton$b Douglas$01462103
701   $aFreedman$b Charles$01139411
801  0$bDcWaIMF
906   $aBOOK
912   $a9910788336203321
996   $aIt Framework Design Parameters$93685567
997   $aUNINA