Inflation Targets and Contracts with the Central Bank's Preference
碩士 === 國立政治大學 === 經濟研究所 === 97 === In this paper, we extend the model of inflation targeting with a penalty borne by the central bank in Walsh (1999) and add the specification of the central bank’s preference in Muscatelli (1998) to study how the weight on inflation, the central bank’s preference af...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | en_US |
| Published: |
2009
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| Online Access: | http://ndltd.ncl.edu.tw/handle/82058423192398444760 |