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Inflation targeting as a monetary policy rule
Svensson, Lars E. O. - 1998 - This version: August 1998
The purpose of the paper is to survey and discuss in ation targeting in the context of monetary policy rules. The paper provides a general conceptual discussion of monetary policy rules, attempts to clarify the essential characteristics of in ation targeting, compares in ation targeting to other...
Persistent link: https://www.econbiz.de/10010128028
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Price stability as a target for monetary policy : defining and maintaining price stability
Svensson, Lars E. O. - 1999 - This version: June 1999
-level stability and low (including zero) inflation and the decisions about the price index, the quantitative target and the role of … a commitment to a simple instrument rule (like a Taylor rule), forecast targeting (like inflation-forecast targeting … against inflation-forecast targeting are scrutinized and found unconvincing. …
Persistent link: https://www.econbiz.de/10011583083