Nominal Income Targeting; A Critical Evaluation
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- Henderson, Dale W. & McKibbin, Warwick J., 1993.
"A comparison of some basic monetary policy regimes for open economies: implications of different degrees of instrument adjustment and wage persistence,"
Carnegie-Rochester Conference Series on Public Policy,
Elsevier, vol. 39(1), pages 221-317, December.
- Dale W. Henderson & Warwick J. McKibbin, 1993. "A comparison of some basic monetary policy regimes for open economies: implications of different degrees of instrument adjustment and wage persistence," International Finance Discussion Papers 458, Board of Governors of the Federal Reserve System (U.S.).
- Funke, Norbert, 1992. "Wage formation and monetary policy rules," Kiel Working Papers 514, Kiel Institute for the World Economy (IfW).
- Stan du Plessis & Malan Rietveld, 2013. "Should inflation targeting be abandoned in favour of nominal income targeting?," Working Papers 12/2013, Stellenbosch University, Department of Economics.
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KeywordsIncome; Wages; Wage indexation; money stock; monetary policy; inflation; real interest rate; money demand;
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