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Inflation targeting and price-making in monetary economies: is it possible to conciliate growth with price stability … the process of price-making in market economies and discuss how the monetary policy, under inflation targeting, affects …? - Recently a number of countries have adopted explicit inflation targets as a guide for policy since a numerical target is …
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Monetary policy, inflation and economic growth: the influence of the monetary authority?s reputation upon the economy … The following paper aims to show that, although a monetary policy, which merely seeks to control inflation through an … interest rate rule (under inflation targeting), may reach such a goal, it will present a worst outcome whether compared to a …
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