Implementing Optimal Policy through Inflation-Forecast Targeting
Published Date
Copyright 2005
ISBN 9780226044712
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Copy CitationLars E. O. Svensson and Michael Woodford, The Inflation-Targeting Debate (University of Chicago Press, 2004), https://www.nber.org/books-and-chapters/inflation-targeting-debate/implementing-optimal-policy-through-inflation-forecast-targeting.
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Working Paper
We examine to what extent variants of inflation-forecast targeting can avoid stabilization bias, incorporate history-...