Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/82438
Authors: 
Batini, Nicoletta
Nelson, Edward
Year of Publication: 
2000
Series/Report no.: 
Sveriges Riksbank Working Paper Series 103
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

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