Price level targeting and the delegation issue in an open economy

DOI10.1016/J.ECONLET.2013.10.027zbMATH Open1290.91124OpenAlexW2057405327MaRDI QIDQ2015993FDOQ2015993

Richard T. Froyen, Alfred V. Guender

Publication date: 18 June 2014

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.econlet.2013.10.027

zbMATH Keywords

CPIconservative central bankerdomestic price levelprice level targetingreal-exchange-rate adjusted price level

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64)

Cites Work

• Monetary Policy and Exchange Rate Volatility in a Small Open Economy

Cited In (2)

• Delegation and Fiscal policy in the open economy: More bad news for Rogoff's delegation game
• What to aim for? The choice of an inflation objective when openness matters

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