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...
Main Authors: | , , |
---|---|
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
|