Preliminary Considerations of an Inflation Targeting Framework for the Philippines /
Monetary policy in the Philippines has had multiple objectives. Moreover, shifts in money demand and the money multiplier have made base money a less reliable anchor for monetary policy. Hence, on present policies, a steady reduction in inflation is not assured, and changes to the monetary policy fr...
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| Format: | Revista |
| Idioma: | English |
| Publicat: |
Washington, D.C. :
International Monetary Fund,
1998.
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| Col·lecció: | IMF Working Papers; Working Paper ;
No. 1998/039 |
| Accés en línia: | Full text available on IMF |