Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/82438 
Year of Publication: 
2000
Series/Report no.: 
Sveriges Riksbank Working Paper Series No. 103
Publisher: 
Sveriges Riksbank, Stockholm
Abstract: 
In this paper we investigate the problem of selecting an optimal horizon for inflation targeting in the United Kingdom. Since there are two key ways of thinking about an optimal horizon, we look at optimal horizons for both of these interpretations. In addition, to see whether our results are robust in the face of model uncertainty, we compute optimal horizons for two different models with divergent structural and dynamic characteristics.
Subjects: 
Inflation targeting
Horizon
Optimal policy rules
Simple feedback rules
Target
JEL: 
E37
E52
E58
Document Type: 
Working Paper

Files in This Item:
File
Size
148.17 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.