Inflation Targeting and Private Sector Forecasts is popular PDF and ePub book, written by Stephen G. Cecchetti in 2010-10, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Inflation Targeting and Private Sector Forecasts can be Read Online from any device for your convenience.
Inflation Targeting and Private Sector Forecasts Book PDF Summary
Transparency is one of the biggest innovations in central bank policy of the past quarter century. Modern central bankers believe that they should be as clear about their objectives and actions as possible. However, is greater transparency always beneficial? This report studies the degree to which increased info. about monetary policy might lead to individuals coordinating their forecasts. The authors estimate a series of simple models to measure the impact of inflation targeting on the dispersion of private sector forecasts of inflation. Using a panel data set that includes 15 countries over 20 years they find no convincing evidence that adopting an inflation targeting regime leads to a reduction in the dispersion of private sector forecasts of inflation.
Detail Book of Inflation Targeting and Private Sector Forecasts PDF
- Author : Stephen G. Cecchetti
- Release : 01 October 2010
- Publisher : DIANE Publishing
- ISBN : 9781437934328
- Genre : Business & Economics
- Total Page : 29 pages
- Language : English
- PDF File Size : 12,9 Mb
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