| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP1540 |
| DP1540 Where do Migrants Go? Risk-Aversion, Mobility Costs and the Locational Choice of Migrants | |
| Riccardo Faini; Francesco Daveri | |
| 发表日期 | 1996-12-20 |
| 出版年 | 1996 |
| 语种 | 英语 |
| 摘要 | Inflation targeting is shown to imply inflation forecast targeting; the central bank?s inflation forecast becomes an explicit intermediate target. Inflation forecast targeting simplifies both implementation and monitoring of monetary policy. The weight on output stabilization determines how quickly the inflation forecast is adjusted towards the inflation target. Money growth or exchange rate targeting is generally inferior than inflation targeting and leads to higher inflation variability. Commitment to ?target rules? may be better than commitment to ?instrument rules?. |
| 主题 | International Macroeconomics |
| 关键词 | Monetary policy regimes |
| URL | https://cepr.org/publications/dp1540 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/530678 |
| 推荐引用方式 GB/T 7714 | Riccardo Faini,Francesco Daveri. DP1540 Where do Migrants Go? Risk-Aversion, Mobility Costs and the Locational Choice of Migrants. 1996. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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