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010   $a9786613827173
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035   $a(EBL)3014381
035   $a(SSID)ssj0000943257
035   $a(PQKBManifestationID)11502959
035   $a(PQKBTitleCode)TC0000943257
035   $a(PQKBWorkID)10975386
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035   $a(OCoLC)698585628
035   $a(IMF)WPIEE2006262
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100   $a20060502d2006      uf         0
101 0 $aeng
135   $aur|n|---|||||
181   $ctxt
182   $cc
183   $acr
200 10$aStabilizing inflation in Iceland /$fprepared by Keiko Honjo and Benjamin Hunt
205   $a1st ed.
210   $a[Washington, D.C.] $cInternational Monetary Fund$dc2006
215   $a1 online resource (37 p.)
225 1 $aIMF working paper ;$vWP/06/262
300   $a"December 2006."
311   $a1-4518-6522-8 
320   $aIncludes bibliographical references.
327   $a""Contents""; ""I. INTRODUCTION""; ""II. THE MODEL""; ""III. EFFICIENT POLICY FRONTIERS AND THEIR IMPLICATIONS""; ""IV. THE POTENTIAL CONTRIBUTION OF COUNTERCYCLICAL FISCAL POLICY""; ""V. POSSIBLE ADJUSTMENTS TO POLICY FRAMEWORK""; ""VI. CONCLUSIONS""; ""APPENDIX I. THE COMPLETE MODEL""; ""APPENDIX II. DATA AND ESTIMATION RESULTS""; ""APPENDIX III. ESTIMATION RESULTS FOR ICELAND MODEL WITH FISCAL POLICY""; ""REFERENCES""
330 3 $aThis paper provides some empirical estimates on how tightly is it feasible to control inflation in a very small open economy such as Iceland. Estimated macroeconomic models of Canada, Iceland, New Zealand, the United Kingdom, and the United States are used to derive efficient monetary policy frontiers that trace out the locus of the lowest combinations of inflation and output variability that are achievable under a range of alternative monetary policy rules. These frontiers illustrate that inflation stabilization is more challenging in Iceland than in other industrial countries primarily because of the relative magnitudes of the economic shocks.
410  0$aIMF working paper ;$vWP/06/262.
606   $aInflation (Finance)$zIceland
606   $aFinance$zIceland
615  0$aInflation (Finance)
615  0$aFinance
700   $aHonjo$b Keiko$01617693
701   $aHunt$b Benjamin$0895004
801  0$bMiAaPQ
801  1$bMiAaPQ
801  2$bMiAaPQ
906   $aBOOK
912   $a9910810747603321
996   $aStabilizing Inflation in Iceland$93955459
997   $aUNINA