Inflation Targeting and the Unemployment-Inflation Trade-off / Chorng-Huey Wong, Eric Clifton, Gene Leon.
This paper examines the impact of the introduction of inflation targeting on the unemployment-inflation trade-off in OECD countries. Theoretical models suggest that the credibility-enhancing effects of the adoption of inflation targeting should cause an improvement in the unemployment-inflation trad...
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Full Text (via IMF e-Library) |
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| Other Authors: | , |
| Format: | eBook |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
2001.
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| Series: | IMF working paper ;
WP/2001/166. |