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Inflation Targeting Under Potential Output Uncertainty

Inflation Targeting Under Potential Output Uncertainty »

Source: Inflation Targeting Under Potential Output Uncertainty

Volume/Issue: 2000/158

Series: IMF Working Papers

Author(s): Victor Gaiduch , and Benjamin Hunt

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2000

ISBN: 9781451857573

Keywords: Monetary policy rules, potential output, uncertainty, inflation, nominal interest rate, monetary authority

To achieve their price stability objectives, many monetary authorities use the gap between current and potential output as an indicator of future price pressures. This policy-setting strategy has been criticized be...

Inflation Targeting Under Potential Output Uncertainty

Inflation Targeting Under Potential Output Uncertainty »

Volume/Issue: 2000/158

Series: IMF Working Papers

Author(s): Victor Gaiduch , and Benjamin Hunt

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2000

DOI: http://dx.doi.org/10.5089/9781451857573.001

ISBN: 9781451857573

Keywords: Monetary policy rules, potential output, uncertainty, inflation, nominal interest rate, monetary authority

To achieve their price stability objectives, many monetary authorities use the gap between current and potential output as an indicator of future price pressures. This policy-setting strategy has been criticized be...