Stabilizing Inflation in Iceland

This Working Paper should not be reported as representing the views of the IMF. The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to eli...

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Bibliographic Details
Main Authors: Keiko Honjo, Benjamin Hunt, Prepared Keiko Honjo
Other Authors: The Pennsylvania State University CiteSeerX Archives
Format: Text
Language:English
Published: 2006
Subjects:
Efficient policy frontier
monetary policy rules
inflation-output variability tradeoff
policy coordination
Iceland
Online Access:http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.604.3806
http://www.imf.org/external/pubs/ft/wp/2006/wp06262.pdf
Description
Summary:This Working Paper should not be reported as representing the views of the IMF. The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate. This paper provides some empirical estimates on how tightly is it feasible to control inflation in a very

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