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| 01935nam##2200325za#4500 |
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| 001 | 9.615717 |
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| 003 | CaOODSP |
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| 005 | 20211126112847 |
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| 007 | ta |
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| 008 | 150406|2001||||xxc||||| f|0| 0 eng|d |
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| 022 | |a1192-5434 |
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| 040 | |aCaOODSP|beng |
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| 043 | |an-cn--- |
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| 086 | 1 |aFB3-2/101-11E |
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| 110 | 2 |aBank of Canada. |
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| 245 | 10|aGaining credibility for inflation targets / |cby James Yetman. |
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| 260 | |aOttawa - Ontario : |bBank of Canada |c2001. |
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| 300 | |avi, 33p. : |bfigs., graphs, references ; |c28 cm. |
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| 490 | 1 |aWorking paper|x1192-5434|v2001-11 |
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| 500 | |a"In this paper, I consider a simple model in which agents learn about the inflation target of a central bank over time by observing the policy instrument or inflation outcomes. Measuring credibility as the distance between the perceived target and the actual target, an increase in credibility is beneficial to the central bank because it brings the policy consistent with attaining the inflation target closer to that required to attain the output target."--Abstract. |
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| 520 | 3 |aIn this paper, I consider a simple model in which agents learn about the inflation target of a central bank over time by observing the policy instrument or inflation outcomes. Measuring credibility as the distance between the perceived target and the actual target, an increase in credibility is beneficial to the central bank because it brings the policy consistent with attaining the inflation target closer to that required to attain the output target.--Abstract |
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| 546 | |aRésumés en français |
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| 563 | |aSoftcover |
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| 590 | |a01-30|b2001-07-27 |
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| 690 | 07|aInflation|2gcpds |
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| 690 | 07|aEconomic conditions|2gcpds |
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| 720 | 1 |aYetman, James |
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| 776 | 0#|tGaining credibility for inflation targets / |w(CaOODSP)9.571566 |
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| 830 | #0|aWorking paper,|x1192-5434|v2001-11|w(CaOODSP)9.514622 |
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