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Issues Concerning Nominal Anchors for Monetary Policy1/

Issues Concerning Nominal Anchors for Monetary Policy1/ »

Source: Issues Concerning Nominal Anchors for Monetary Policy

Volume/Issue: 1994/61

Series: IMF Working Papers

Author(s): Michael Mussa , and Robert Flood

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 1994

ISBN: 9781451848106

Keywords: price level, inflation rate, average inflation

This paper presents a selective survey of issues relevant to the choice of nominal anchors for monetary policy. Section I reviews long price-level histories for the United Kingdom and United States, which reveal th...

Issues Concerning Nominal Anchors for Monetary Policy

Issues Concerning Nominal Anchors for Monetary Policy »

Volume/Issue: 1994/61

Series: IMF Working Papers

Author(s): Michael Mussa , and Robert Flood

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 1994

DOI: http://dx.doi.org/10.5089/9781451848106.001

ISBN: 9781451848106

Keywords: price level, inflation rate, average inflation

This paper presents a selective survey of issues relevant to the choice of nominal anchors for monetary policy. Section I reviews long price-level histories for the United Kingdom and United States, which reveal th...