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The Dual Nature of Forecast Targeting and Instrument Rules: A Comment on Michael Woodford’s ‘Forecast Targeting as a Monetary Policy Strategy: Policy Rules in Practice,’
Forecast Targeting Instrument Rules
2015/8/3
I thank Michael Woodford for writing such a thoughtful and useful paper on
monetary policy. It is filled with fascinating ideas and insights, each carefully explained.
As befits this final “Looking ...
The Dual Nature of Forecast Targeting and Instrument Rules: A Comment on Michael Woodford’s ‘Forecast Targeting as a Monetary Policy Strategy: Policy Rules in Practice
Policy Rules Practice
2015/8/3
Michael Woodford’s chapter is fi lled with fascinating ideas and insights,
each carefully explained. Most importantly, he proposes an ambitious
future research program with the specifi c practical p...
The Case for Forecast Targeting as a Monetary Policy Strategy
inflation-forecast targeting control short-term interest rates monetary policy inflation-forecast targeting
2011/8/21
At central banks around the world, including the Bank of England, Sweden's Riksbank, Norway's Norges Bank, and the Reserve Bank of New Zealand, policy is conducted on the basis of inflation-forecast t...