Output Targeting and an Argument for Stabilization Policies

K-J Matheny

Purdue University Economics Working Papers from Purdue University, Department of Economics

Abstract: Nominal output targeting is sometimes advocated as a guide for monetary policy on the grounds of simplicity and favorable macroeconomic performance. This study casts doubt on the second of these justification.

Keywords: MONETARY; POLICY (search for similar items in EconPapers)
JEL-codes: E52 (search for similar items in EconPapers)
Pages: 22 pages
Date: 1996
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:pur:prukra:1092

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