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Inflation Targeting: Should Central Bank Go For It?
Essay specific features
Written by:
Walter H
Date added:
January 28, 2016
Level:
University
Grade:
A
No of pages / words:
5 / 1154
Was viewed:
8464 times
Rating of current essay:
Essay content:
Time inconsistency situations
Time inconsistency situations may occur because the central bank would try to
reoptimize in the short term and lose sight of the long term goals. The bank may
start out with a particular policy and then keep changing its policy to suit some
short term requirements. Such a conduct wouldn’t have the desired effect...
displayed 300 characters
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Time inconsistency situations
Time inconsistency situations may occur because the central bank would try to
reoptimize in the short term and lose sight of the long term goals. The bank may
start out with a particular policy and then keep changing its policy to suit some
short term requirements. Such a conduct wouldn’t have the desired effect...
displayed 300 characters
General issues of this essay:
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