Inflation targeting and optimal control theory

We make a case for the usefulness of an optimal control approach for the central banks’ choice of interest rates in inflation target regimes. We illustrate with data from selected developed and emerging countries with longest experience of inflation targeting.

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Year of publication:	2007-07-04
Authors:	Veloso, Thiago ; Meurer, Roberto ; Da Silva, Sergio

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Type of publication:	Book / Working Paper
Language:	English
Notes:	Veloso, Thiago and Meurer, Roberto and Da Silva, Sergio (2007): Inflation targeting and optimal control theory.
Classification:	E52 - Monetary Policy (Targets, Instruments, and Effects) ; C61 - Optimization Techniques; Programming Models; Dynamic Analysis
Source:	BASE

Persistent link: https://www.econbiz.de/10015231757