haku: @author Woodford, M. / yhteensä: 7
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| Tekijä: | Bernanke, B. Woodford, M. |
| Otsikko: | Inflation forecasts and monetary policy |
| Lehti: | Journal of Money, Credit and Banking
1997 : NOV, VOL. 29:4/2, p. 653-684 |
| Asiasana: | FORECASTING INFLATION MONETARY POLICY |
| Kieli: | eng |
| Tiivistelmä: | Proposals for "inflation targeting" as a strategy for monetary policy leave open the important question of how to determine whether current policies are consistent with the long-run inflation target. An interesting possibility is that the central bank might target current private sector forecasts of inflation, either those made explicitly by professional forecasters or those implicit in asset prices, claim the authors of the present article. |
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