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 frontie...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Honjo, Keiko
Otros Autores: Hunt, Benjamin
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, D.C.] : International Monetary Fund, ©2006.
Colección:IMF working paper ; WP/06/262.
Temas:
Inflation (Finance) > Iceland.
Finance > Iceland.
Inflation > Islande.
Finances > Islande.
Finance
Inflation (Finance)
Iceland
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Contents
  • I. INTRODUCTION
  • II. THE MODEL
  • III. EFFICIENT POLICY FRONTIERS AND THEIR IMPLICATIONS
  • IV. THE POTENTIAL CONTRIBUTION OF COUNTERCYCLICAL FISCAL POLICY
  • V. POSSIBLE ADJUSTMENTS TO POLICY FRAMEWORK
  • VI. CONCLUSIONS
  • APPENDIX I. THE COMPLETE MODEL
  • APPENDIX II. DATA AND ESTIMATION RESULTS
  • APPENDIX III. ESTIMATION RESULTS FOR ICELAND MODEL WITH FISCAL POLICY
  • REFERENCES

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