Is there a Case for Price-level Targeting?
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DOI: 10.1787/221824208526
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- Jiri Bohm & Jan Filacek, 2012.
"Price-Level Targeting–A Real Alternative to Inflation Targeting?,"
Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, vol. 62(1), pages 2-26, February.
- Jiri Bohm & Jan Filacek & Ivana Kubicova & Romana Zamazalova, 2011. "Price-Level Targeting - A Real Alternative to Inflation Targeting?," Research and Policy Notes 2011/01, Czech National Bank.
- Diego Moccero & Shingo Watanabe & Boris Cournède, 2011. "What Drives Inflation in the Major OECD Economies?," OECD Economics Department Working Papers 854, OECD Publishing.
- Hatcher, Michael C., 2011. "Comparing inflation and price-level targeting: A comprehensive review of the literature," Cardiff Economics Working Papers E2011/22, Cardiff University, Cardiff Business School, Economics Section.
- Hatcher, Michael C., 2011. "Price-level targeting versus inflation targeting over the long-term," Cardiff Economics Working Papers E2011/5, Cardiff University, Cardiff Business School, Economics Section.
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More about this item
Keywords
banque centrale; borne zéro des taux d’intérêt; central bank; ciblage de l’inflation; ciblage du niveau des prix; inflation targeting; liquidity trap; monetary policy; monetary systems; politique monétaire; price level targeting; price stability; régimes monétaires; stabilité des prix; trappe à liquidités; zero lower bound;All these keywords.
JEL classification:
- E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System
- E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CBA-2009-09-05 (Central Banking)
- NEP-IAS-2009-09-05 (Insurance Economics)
- NEP-MAC-2009-09-05 (Macroeconomics)
- NEP-MON-2009-09-05 (Monetary Economics)
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