of our financial and economic systems. This study examines the applicability of the Integrated Inflation Targeting (IIT … inflation and growth in its policy decisions, with some responsiveness to the increase in household debt. However, the … inflation, growth, and being mindful of household credit conditions is superior. It suggests that the policy of actively …

optimal monetary policy. It shows that the domestic price index inflation targeting rule is not optimal in the small open … and inflation gap is better than the interest rate rule disregarding the exchange rate gap in terms of the welfare cost …