It Framework Design Parameters / / Douglas Laxton, Charles Freedman
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| Autore: |
Laxton Douglas
|
| Titolo: |
It Framework Design Parameters / / Douglas Laxton, Charles Freedman
|
| Pubblicazione: | Washington, D.C. : , : International Monetary Fund, , 2009 |
| Edizione: | 1st ed. |
| Descrizione fisica: | 1 online resource (18 p.) |
| Disciplina: | 332.152 |
| Soggetto topico: | Inflation (Finance) |
| Anti-inflationary policies | |
| Agriculture: Aggregate Supply and Demand Analysis | |
| Central Banks and Their Policies | |
| Consumer price indexes | |
| Deflation | |
| Economic theory & philosophy | |
| Economic Theory | |
| Economic theory | |
| Inflation targeting | |
| Inflation | |
| Macroeconomics | |
| Macroeconomics: Production | |
| Monetary economics | |
| Monetary Policy | |
| Monetary policy | |
| Money and Monetary Policy | |
| Output gap | |
| Price indexes | |
| Price Level | |
| Prices | |
| Prices, Business Fluctuations, and Cycles: General (includes Measurement and Data) | |
| Production and Operations Management | |
| Production | |
| Supply and demand | |
| Supply shocks | |
| Soggetto geografico: | United Kingdom |
| Altri autori: |
FreedmanCharles
|
| 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: | 9786612843075 |
| 9781462310371 | |
| 1462310370 | |
| 9781452727875 | |
| 1452727872 | |
| 9781451872347 | |
| 1451872348 | |
| 9781282843073 | |
| 1282843079 | |
| Formato: | Materiale a stampa  |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione: | Inglese |
| Record Nr.: | 9910973831103321 |
| Lo trovi qui: | Univ. Federico II |
| Opac: | Controlla la disponibilità qui |
Serie:
IMF Working Papers; Working Paper ; ; No. 2009/087