Price-level targeting : an omelette that requires breaking some inflation-targeting eggs?

This paper can be divided into two main parts. The first one, using a simple example by Minford (2004) and Hatcher (2011), gives the reader a basic introduction to understand the comparison between two monetary-policy regimes: Inflation Targeting (IT) and

Detalles Bibliográficos
Autores Principales: Acuña-Roa, Luisa F., Parra-Polanía, Julián Andrés
Formato: Documento de trabajo (Working Paper)
Lenguaje:Español (Spanish)
Publicado: Banco de la República 2013
Acceso en línea: