Bohm, Jiri; Filacek, Jan - In: Czech Journal of Economics and Finance (Finance a uver) 62 (2012) 1, pp. 2-26
This paper reviews price-level targeting in the light of current theoretical knowledge and past practical experience … of price-level targeting. Finally, the similarities of price-level and inflation developments with hypothetical outcomes … under price-level targeting are investigated in selected inflation-targeting countries. …