Inflation uncertainty and unemployment uncertainty: Why transparency about monetary policy targets matters

Autor:	Marcelo Sánchez
Rok vydání:	2012
Předmět:	Dilemma Macroeconomics Economics and Econometrics Inflation targeting Transparency (market) media_common.quotation_subject Unemployment Monetary policy Economics Monetary economics Monetary hegemony Finance media_common
Zdroj:	Economics Letters. 117:119-122
ISSN:	0165-1765
Popis:	Disclosure of monetary policy targets reduces unemployment uncertainty at the expense of higher inflation uncertainty, thereby posing a dilemma for monetary policymakers.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::77a752d503e52adcdc33e6df15a436ed https://doi.org/10.1016/j.econlet.2012.05.008 Zobrazit plný text záznamu Full Text from ScienceDirect