Andersson, Fredrik N. G.; Li, Yushu - Institutt for foretaksøkonomi, Norges Handelshøyskole … - 2014
Several central banks have adopted inflation targets. The implementation of these targets is flexible; the central banks aim to meet the target over the long term but allow inflation to deviate from the target in the short-term in order to avoid unnecessary volatility in the real economy. In this...