On Inflation Targeting in the United Kingdom
The author discusses some of the operational issues relevant to inflation-targeting in the United Kingdom, in particular: whether inflation-targeting is 'news'; whether it is potentially destabilizing; and whether it requires too much knowledge on the part of the authorities. He goes on to discuss the role of inflation forecasts in general, and inflation probability distributions in particular, in the context of inflation-targeting in the United Kingdom. It also discusses the role of transparency in such a regime and provides some evidence on its effect. Copyright 1998 by Scottish Economic Society.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 45 (1998)
Issue (Month): 1 (February)
|Contact details of provider:|| Web page: http://www.blackwellpublishing.com/journal.asp?ref=0036-9292|
More information through EDIRC
|Order Information:||Web: http://www.blackwellpublishing.com/subs.asp?ref=0036-9292|
When requesting a correction, please mention this item's handle: RePEc:bla:scotjp:v:45:y:1998:i:1:p:1-32. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing)or (Christopher F. Baum)
If references are entirely missing, you can add them using this form.