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|a Freedman, Charles,
|e author.
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|a Why inflation targeting? /
|c prepared by Charles Freedman and Douglas Laxton.
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|a [Washington, DC] :
|b International Monetary Fund (IMF),
|c ©2009.
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|a 1 online resource (25 pages) :
|b color illustrations
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|a text
|b txt
|2 rdacontent
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|a computer
|b c
|2 rdamedia
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|a online resource
|b cr
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|a text file
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|a IMF working paper,
|x 2227-8885 ;
|v WP/09/86
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|a Includes bibliographical references (pages 23-25).
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|a Print version record.
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|a This is the second chapter of a forthcoming monograph entitled ""On Implementing Full-Fledged Inflation-Targeting Regimes: Saying What You Do and Doing What You Say."" We begin by discussing the costs of inflation, including their role in generating boom-bust cycles. Following a general discussion of the need for a nominal anchor, we describe a specific type of monetary anchor, the inflation-targeting regime, and its two key intellectual roots-the absence of long-run trade-offs and the time-inconsistency problem. We conclude by providing a brief introduction to the way in which inflation targe
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|3 Use copy
|f Restrictions unspecified
|2 star
|5 MiAaHDL
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|a Electronic reproduction.
|b [Place of publication not identified] :
|c HathiTrust Digital Library,
|d 2011.
|5 MiAaHDL
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|a Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.
|u http://purl.oclc.org/DLF/benchrepro0212
|5 MiAaHDL
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|a digitized
|c 2011
|h HathiTrust Digital Library
|l committed to preserve
|2 pda
|5 MiAaHDL
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|a I. Introduction; II. Cost of Inflation and Boom-Bust Cycles; A. What Are the Costs of High Inflation?; B. Policy Credibility and Boom-Bust Cycles; Figures; 1. United Kingdom Inflation, Unemployment and Policy Credibility; III. Need for A Nominal Anchor; Tables; 1. Inflation Targeting Adoption Dates; IV. What is Inflation Targeting?; V. Two Key Intellectual Roots of Inflation Targeting; A. Absence of Long-Run Trade-Offs; Box 2.1; 1. Six Principles of Inflation Targeting; 2. Output-Inflation Tradeoffs in the Short Run and Long Run
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|a 3. IRFs for a Positive Demand Shock Under Good and Bad Monetary Policy4. IRFs for a Positive Supply Shock Under Good and Bad Monetary Policy; 2. Reduced-Form Inflation Equations Under Good and Bad Monetary Policy; B. The Time-Inconsistency Problem; 5. Taylor Output-Inflation Efficiency Frontiers; VI. How Does IT Work?; References
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|a English.
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|a Inflation (Finance)
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|a Inflation (Finance)
|2 fast
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|a Inflation Targeting.
|2 stw
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|a Laxton, Douglas,
|e author.
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|a International Monetary Fund.
|b Research Department.
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|i has work:
|a Why inflation targeting? (Text)
|1 https://id.oclc.org/worldcat/entity/E39PCGWvpRkPhxWpdDWxKDxg4y
|4 https://id.oclc.org/worldcat/ontology/hasWork
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776 |
0 |
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|i Print version:
|a Freedman, Charles.
|t Why inflation targeting?
|d [Washington, DC] : International Monetary Fund (IMF), ©2009
|w (OCoLC)537604215
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|a IMF working paper ;
|v WP/09/86.
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|u https://ebookcentral.proquest.com/lib/holycrosscollege-ebooks/detail.action?docID=1608264
|y Click for online access
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|a EBC-AC
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|a 92
|b HCD
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