Capital Maintenance in Units of Constant Purchasing Power in terms of the Daily CPI
A negative interest rate is impossible under CMUCPP in terms of the Daily CPI.
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Inflation targeting or price-level targeting?
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Showing posts with label
Inflation targeting or price-level targeting?
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Monday 6 December 2010
Inflation targeting or price-level targeting?
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That is becoming the question. Here is a very good article on the subject: Fed Avoiding Deflation May Depend on Canadian CPI Experimen...
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