Inflation Targeting: Should Central Bank Go For It?

Essay specific features

 

Issue:

Business

 

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...
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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

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