What should inflation targeting countries do when oil prices rise and drop fast? / prepared by Nicoletta Batini and Eugen Tereanu.

After a long period of global price stability, in 2008 inflation increased sharply following unprecedented increases in the price of oil and other commodities, notably food. Although inflation remained lower and growth higher in inflation targeting countries than elsewhere, almost everywhere price s...

Full description

Saved in:
Bibliographic Details
Main Author: Batini, Nicoletta
Other Authors: Tereanu, Eugen
Format: eBook
Language:English
Published: [Washington D.C.] : International Monetary Fund, 2009.
Series:IMF working paper ; WP/09/101.
Subjects:
Online Access:Click for online access