Construct · 1 fields · 1 citations

price-level targeting: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed
price-leveltargeting1 CONSTRUCTPrice-level targetingSVENSSON · MONETARY ECONOMICS

A single standalone construct; nearby constructs are located against it in the Collider. Tap a field for its definition, unit, and measures.

Monetary economics

a monetary policy regime that aims at a path for the price level, so past misses in inflation are later reversed.

In monetary economics, price-level targeting refers to a monetary policy regime that aims at a path for the price level, so past misses in inflation are later reversed. This meaning comes from Svensson (1999) in Journal of Money, Credit and Banking.[1]

Unit
Recovery means
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Nearby constructs

credit2 fields · 2 citationsjingle · one word, two constructsinflation3 fields · 4 citationsjingle · one word, three constructslevel1 fields · 1 citationsanchor · a standalone construct

References

  1. Svensson, L. E. O. (1999). Price-Level Targeting versus Inflation Targeting: A Free Lunch? Journal of Money, Credit and Banking, 31(3), 277. https://doi.org/10.2307/2601112

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