targeting (IT) to price level targeting. This paper provides a comparative analysis on IT strategy and targeting the price level … by following a potential price-level targeting strategy and the necessary prerequisites for its functionality (predictive … led us to the conclusion that there is no common acceptance that price level targeting strategy might replace the present …

criterion. Using this methodology, we find that nominal GDP targeting and price-level targeting do determine prices when the …

This paper reviews price-level targeting in the light of current theoretical knowledge and past practical experience … of price-level targeting. Finally, the similarities of price-level and inflation developments with hypothetical outcomes … under price-level targeting are investigated in selected inflation-targeting countries. …