Borradores de Economia
Número:
783
Publicado:
Clasificación JEL:
E52, E58
Palabras clave:
Inflation Targeting, price-level targeting, indexation, Macroeconomic Stability
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This paper can be divided into two main parts. The first one, using a simple example by Minford (2004) and Hatcher (2011), gives the reader a basic introduction to understand the comparison between two monetary-policy regimes: Inflation Targeting (IT) and