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The Specification of the Inflation Target

In: Reforming Britain’s Economic and Financial Policy

Author

Listed:
  • Ed Balls
  • Gus O’Donnell

Abstract

This chapter discusses issues relevant to the choice of inflation target once the decision to direct monetary policy towards achieving low and stable inflation has been made.

Suggested Citation

  • Ed Balls & Gus O’Donnell, 2002. "The Specification of the Inflation Target," Palgrave Macmillan Books, in: Ed Balls & Gus O’Donnell (ed.), Reforming Britain’s Economic and Financial Policy, chapter 5, pages 71-84, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-0-230-59983-3_6
    DOI: 10.1057/9780230599833_6
    as

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