Munich Personal RePEc Archive
metadata only
The eventual failure and price indeterminacy of inflation targeting
In stark contrast to the previous literature, we find that IT leads to price indeterminacy even when the central bank uses a Taylor-like feedback rule to peg the nominal interest rate. We also find that there is no mechanism with IT to determine the current inflation rate or price level. We conclu
Conceptio Open Archive
Analyze & explore related research in Conceptio
Connect this record directly into your research workflow or AI agent. Explore citations across open repositories, query full text, and export structured proof bundles.
This document is indexed with metadata only: full text is not available in the archive for this record. Open the official source ↗
Related documents
- The Eventual Failure and Price Indeterminacy of Inflation Targeting#1274402
- Inflation Targeting and Inflation Behavior: A Successful Story?#499905
- Should central banks target consumer prices or the exchange rate?#169333
- Should central banks target consumer prices or the exchange rate?#167890
- The monetary approach to exchange rate determination: The case of Argentina, Brazil, Taiwan and Turkey#391099
Record · ID 1274718
Retrieved via Conceptio: every document is proof-bundled with source, license, and retrieval metadata.
Retrieved via Conceptio: every document is proof-bundled with source, license, and retrieval metadata.
Bring this data into your agent: Connect via MCP or API · 20 free credits to start · no card required
Read the Docs → · View CLI source on GitHub · Conceptio Open Knowledge Archive
Read the Docs → · View CLI source on GitHub · Conceptio Open Knowledge Archive