Honkapohja, Seppo (contributor); Mitra, Kaushik (contributor) - 2003 - [Elektronische Ressource]
Performance of Inflation Targeting Based On
Constant Interest Rate Projections
∗
Seppo Honkapohja
University of … learning, inflation tar-
geting, inertia in demand, inflation inertia
1 Introduction
Inflation targeting has become a fairly … (Svensson 1999). CIR inflation targeting has been
advocated as an easily understandable and hence practical approach to con …