Inflation Targeting and Macroeconomic Stability with Heterogeneous Inflation Expectations

Inflation Targeting and Macroeconomic Stability with Heterogeneous Inflation Expectations
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ISBN-10 : OCLC:931524738
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Book Synopsis Inflation Targeting and Macroeconomic Stability with Heterogeneous Inflation Expectations by : Gilberto Tadeu Lima

Download or read book Inflation Targeting and Macroeconomic Stability with Heterogeneous Inflation Expectations written by Gilberto Tadeu Lima and published by . This book was released on 2013 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:


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As with many monetary policy frameworks, inflation targeting is subject to the well-known problem of inflation bias. With inflation targeting, however, the bias