Does inflation targeting increase output volatility?: an international comparison of policymakers' preferences and outcomes

Monetary policy regimes around the world changed dramatically over the decade of the 1990s. Central banks have become more transparent, more independent, more accountable, and (apparently) more successful. The biggest transformation has benn the move away from focusing on intermediate objectives, su...

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Bibliographic Details
Main Authors: Cecchetti, Stephen G., Ehrmann, Michael
Format: Artículo
Language:eng
Published: Banco Central de Chile 2019
Subjects:
Online Access:https://hdl.handle.net/20.500.12580/3657
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