Essays on inflation targeting, price stability and the conduct of monetary policy under imperfect credibility
The main aim of this thesis is to study the impact of lack of credibility in a transition to price stability on both, the behaviour of the output and the optimal speed of disinflation. The analysis takes place in an environment where the supply-side of the economy is characterized by monopolisticall...
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Durham University
2005
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| Online Access: | http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.424492 |