Creamer, Kenneth; Botha, Robert Tregathen - In: Central Bank Review (CBR) 17 (2017) 1, pp. 1-10
The main purpose of this research paper is to determine whether Nominal GDP targeting as a monetary policy regime would … algebraically deriving the necessary conditions for Nominal GDP targeting to dominate Inflation targeting using two different forms … results and practical issues of Nominal GDP targeting, such as the possibility of enhancing the severity of stagflation, this …