Stabilizing Inflation in Iceland

Stabilizing Inflation in Iceland
This paper provides some empirical estimates on how tightly is it feasible to control inflation in a very small open economy such as Iceland. Estimated macroeconomic models of Canada, Iceland, New Zealand, the United Kingdom, and the United States are used to derive efficient monetary policy frontiers that trace out the locus of the lowest READ MORE...

Publication date: November 2006
ISBN 9781451865226
$18.00

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