Output Targeting and an Argument for Stabilization Policies.

Nominal output targeting is sometimes advocated as a guide for monetary policy on the grounds of simplicity and favorable macroeconomic performance. This study casts doubt on the second of these justification.

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Year of publication:	1996
Authors:	Matheny, K-J
Institutions:	Krannert School of Management, Purdue University
Subject:	MONETARY POLICY

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Series:	Purdue University Economics Working Papers.
Type of publication:	Book / Working Paper
Notes:	22 pages
Classification:	E52 - Monetary Policy (Targets, Instruments, and Effects)
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005835379