Inflation Targeting and the European Central Bank
In this paper we examine some of the issues which will arise if the European Central Bank adopts "direct inflation" targeting after the adoption of the single currency in Europe. One issue is how big the deviations in national inflation rates form the European average might be. Another is the definition of the inflation rate to be targeted.
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|Date of creation:||1998|
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Web page: http://www.eui.eu/ECO/
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