Abstract
The following sections compares inflation and price-level targeting using the estimated model (see chapter 3). The comparison of inflation and price-level targeting is based on impulse response functions for different shocks and a stochastic simulation. The findings are compared to previous studies in the field of price-level targeting such as Svensson (1999) and Vestin (2006).
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© 2015 Springer Fachmedien Wiesbaden
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Heim, L. (2015). Results – Inflation versus Price-Level Targeting. In: Inflation versus Price-Level Targeting. BestMasters. Springer Gabler, Wiesbaden. https://doi.org/10.1007/978-3-658-08228-4_4
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DOI: https://doi.org/10.1007/978-3-658-08228-4_4
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Publisher Name: Springer Gabler, Wiesbaden
Print ISBN: 978-3-658-08227-7
Online ISBN: 978-3-658-08228-4
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