Inflation Targeting, Price-Path Targeting, and Output Variability
Published Date
Copyright 2005
ISBN 9780226044712
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Copy CitationStephen G. Cecchetti and Junhan Kim, The Inflation-Targeting Debate (University of Chicago Press, 2004), https://www.nber.org/books-and-chapters/inflation-targeting-debate/inflation-targeting-price-path-targeting-and-output-variability.
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Working Paper
The dramatic improvement in macroeconomic outcomes during the 1990s - stable, low inflation and high, stable growth -...