Verfügbarkeit: The United Kingdom's Experience with Inflation Targeting

The United Kingdom's Experience with Inflation Targeting:

This paper reviews the first five years' experience with inflation targeting in the United Kingdom. It concludes that inflation performance was not significantly different under inflation targeting than predicted by a VAR model estimated in the period prior to participation in the exchange rate...

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Körperschaft:	International Monetary Fund (VerfasserIn)
Format:	Elektronisch E-Book
Sprache:	English
Veröffentlicht:	Washington, D.C International Monetary Fund 1998
Schriftenreihe:	IMF Working Papers Working Paper No. 98/87
Online-Zugang:	UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext
Zusammenfassung:	This paper reviews the first five years' experience with inflation targeting in the United Kingdom. It concludes that inflation performance was not significantly different under inflation targeting than predicted by a VAR model estimated in the period prior to participation in the exchange rate mechanism (ERM). Both short- and long-term interest rates were lower than predicted, however, which is consistent with the interpretation that some gains in credibility were achieved under the inflation targeting regime
Beschreibung:	1 Online-Ressource (29 p)
ISBN:	1451850999 9781451850994

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spelling	International Monetary Fund Verfasser aut The United Kingdom's Experience with Inflation Targeting Washington, D.C International Monetary Fund 1998 1 Online-Ressource (29 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 98/87 This paper reviews the first five years' experience with inflation targeting in the United Kingdom. It concludes that inflation performance was not significantly different under inflation targeting than predicted by a VAR model estimated in the period prior to participation in the exchange rate mechanism (ERM). Both short- and long-term interest rates were lower than predicted, however, which is consistent with the interpretation that some gains in credibility were achieved under the inflation targeting regime Online-Ausg International Monetary Fund Sonstige oth http://elibrary.imf.org/view/IMF001/07363-9781451850994/07363-9781451850994/07363-9781451850994.xml Verlag URL des Erstveröffentlichers Volltext
spellingShingle	The United Kingdom's Experience with Inflation Targeting
title	The United Kingdom's Experience with Inflation Targeting
title_auth	The United Kingdom's Experience with Inflation Targeting
title_exact_search	The United Kingdom's Experience with Inflation Targeting
title_exact_search_txtP	The United Kingdom's Experience with Inflation Targeting
title_full	The United Kingdom's Experience with Inflation Targeting
title_fullStr	The United Kingdom's Experience with Inflation Targeting
title_full_unstemmed	The United Kingdom's Experience with Inflation Targeting
title_short	The United Kingdom's Experience with Inflation Targeting
title_sort	the united kingdom s experience with inflation targeting
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