Construct · 1 fields · 1 citations

average inflation targeting: a standalone construct

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Monetary economics

a regime in which the central bank targets inflation averaged over several periods, so undershooting is followed by deliberate overshooting.

In monetary economics, average inflation targeting refers to a regime in which the central bank targets inflation averaged over several periods, so undershooting is followed by deliberate overshooting. This meaning comes from Nessen (2005) in Journal of Money, Credit, and Banking.[1]

Unit
Recovery means
Measured by

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Nearby constructs

bank1 fields · 1 citationsanchor · a standalone construct credit2 fields · 2 citationsjingle · one word, two constructs inflation3 fields · 4 citationsjingle · one word, three constructs

References

Nessen, M., & Vestin, D. (2005). Average Inflation Targeting. Journal of Money, Credit, and Banking, 37(5), 837-863. https://doi.org/10.1353/mcb.2005.0055

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