Inflation targeting and the liquidity trap

dc.contributor.author	McCallum, Bennett T.
dc.date.accessioned	2019-11-01T00:01:20Z
dc.date.available	2019-11-01T00:01:20Z
dc.date.issued	2002
dc.identifier.isbn	956-7421-102
dc.identifier.uri	https://hdl.handle.net/20.500.12580/3672
dc.description	This paper considers whether issues regarding liquidity trap or zero lower bound phenomena substantially affect the case for inflation targeting, in comparison with other possible strategies for conducting monetary policy. It examines both theoretical and empirical issues and, in the latter case, emphasizes the importance of an economy's openness to foreign trade in goods and securities.
dc.format	.pdf
dc.format.extent	Sección o Parte de un Documento
dc.format.medium	p. 395-437
dc.language.iso	eng
dc.publisher	Banco Central de Chile
dc.relation.ispartof	Series on Central Banking, Analysis, and Economic Policies, no. 5
dc.rights	Attribution-NonCommercial-NoDerivs 3.0 Chile	*
dc.rights.uri	http://creativecommons.org/licenses/by-nc-nd/3.0/cl/	*
dc.subject	INFLACIÓN	es_ES
dc.subject	LIQUIDEZ (ECONOMÍA)	es_ES
dc.subject	POLÍTICA MONETARIA	es_ES
dc.title	Inflation targeting and the liquidity trap
dc.type.doc	Artículo
dc.file.name	BCCh-sbc-v05-p395_438

Except where otherwise noted, this item's license is described as Attribution-NonCommercial-NoDerivs 3.0 Chile