Optimal control theory for inflation targeting

Sergio Da Silva, Roberto Meurer () and Thiago Veloso ()
Additional contact information
Roberto Meurer: Department of Economics, Federal University of Santa Catarina
Thiago Veloso: National Agency for Electric Energy

Economics Bulletin, 2008, vol. 3, issue 24, 1-14

Abstract: We make a case for the usefulness of an optimal control approach for the central banks' choice of interest rates in inflation target regimes. We illustrate it with data from selected developed and emerging countries with longest experience of inflation targeting.

JEL-codes: C6 E5 (search for similar items in EconPapers)
Date: 2008-04-20
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.accessecon.com/pubs/EB/2008/Volume3/EB-08C60001A.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ebl:ecbull:eb-08c60001

Access Statistics for this article

More articles in Economics Bulletin from AccessEcon
Bibliographic data for series maintained by John P. Conley ().