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- Title
Does the P* Model Provide Any Rationale for Monetary Targeting?
- Authors
Svensson, Lars E. O.
- Abstract
Examines the function of the P model in monetary targeting. Potential of the P model to provide a rationale for the monetary reference value used by the Eurosystem; Determination of inflation by the level of and changes in the real money gap; Role of real money gap as an important indicator of future inflation.
- Subjects
MONETARY policy; MATHEMATICAL models of economics
- Publication
German Economic Review, 2000, Vol 1, Issue 1, p69
- ISSN
1465-6485
- Publication type
Article
- DOI
10.1111/1468-0475.00005