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Autore: |
Freedman Charles
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Titolo: |
IT framework design parameters [[electronic resource] /] / prepared by Charles Freedman and Douglas Laxton
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Pubblicazione: | [Washington D.C.], : International Monetary Fund, 2009 |
Descrizione fisica: | 1 online resource (18 p.) |
Soggetto topico: | Inflation (Finance) |
Anti-inflationary policies | |
Soggetto genere / forma: | Electronic books. |
Altri autori: |
LaxtonDouglas
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Note generali: | Description based upon print version of record. |
Nota di bibliografia: | Includes bibliographical references. |
Nota di contenuto: | Contents; 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 |
Sommario/riassunto: | This 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. |
Titolo autorizzato: | IT framework design parameters ![]() |
ISBN: | 1-4623-1037-0 |
1-4527-2787-2 | |
1-4518-7234-8 | |
1-282-84307-9 | |
9786612843075 | |
Formato: | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione: | Inglese |
Record Nr.: | 9910464011303321 |
Lo trovi qui: | Univ. Federico II |
Opac: | Controlla la disponibilità qui |