Is CPI a suitable tool for inflation targeting? A critical view

Since Frankel (2011, 2012) criticizes the choice of consumer price index as a policy index for its adverse impacts on the output in the developing economies, economists suggest different policy proposals in order to stabilize price level. One of them is to change price index in measurement of inflat...

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Bibliographic Details
Main Authors: Selim KAYHAN, Muhsin KAR, Ahmet ŞAHBAZ
Format: Article
Language:English
Published: General Association of Economists from Romania 2015-09-01
Series:Theoretical and Applied Economics
Subjects:
Online Access: http://store.ectap.ro/articole/1107.pdf