Price-Level Targeting - the Next Objective for Monetary Policy?

Inflation-targeting monetary policy is compared with price-level targeting. It is argued that price-level targeting offers greater certainty about the long-term inflation rate, greater economic growth, a superior response to a deflationary depression, and other advantages

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Year of publication:	2000
Authors:	Lilico, Andrew
Publisher:	[S.l.] : SSRN
Subject:	Inflationssteuerung \| Inflation targeting \| Preisstabilität \| Price stability \| Geldpolitisches Ziel \| Monetary target \| Geldpolitik \| Monetary policy \| Großbritannien \| United Kingdom \| EU-Staaten \| EU countries
Description of contents:	Abstract [papers.ssrn.com]

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Extent:	1 Online-Ressource
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Economic Affairs, Vol. 20, Issue 2, June 2000 Volltext nicht verfügbar
Classification:	E52 - Monetary Policy (Targets, Instruments, and Effects) ; E58 - Central Banks and Their Policies
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014153136