Source: Why Inflation Targeting?
Series: IMF Working Papers
Author(s): Charles Freedman , and Douglas Laxton
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 April 2009
Keywords: rate of inflation, central bank
This is the second chapter of a forthcoming monograph entitled "On Implementing Full-Fledged Inflation-Targeting Regimes: Saying What You Do and Doing What You Say." We begin by discussing the costs of inflation, i...