"Inflation targeting is a monetary-policy strategy that is characterized by an announced numerical inflation target, an … implementation of monetary policy that gives a major role to an inflation forecast and has been called forecast targeting, and a high … stabilizing both inflation and the real economy, and has, as of 2010, been adopted by about 25 industrialized and emerging …

This paper studies the transmission of shocks and the trade-offs between stabilizing CPI inflation and alternative … policy, and second, that the trade-off between stabilizing CPI inflation and the output gap strongly depends on which concept …

This paper studies the transmission of shocks and the trade-offs between stabilizing CPI inflation and alternative … policy, and second, that the trade-off between stabilizing CPI inflation and the output gap strongly depends on which concept …