01810cas a2200301 a 4500 AALejournalIMF022857 230101c9999 xx r poo 0 0eng d 20.00 USD 9781451819298 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Iceland : Selected Issues. Washington, D.C. : International Monetary Fund, 2005. 1 online resource (69 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This Selected Issues paper for Iceland reports that it faces a considerably less favorable inflation-output variability trade-off than do Canada or the United States. A number of measures should be considered that could help minimize the cost of inflation breaching the tolerance band and help to lower the probability of such events occurring. To effectively target inflation, central banks need to be forward looking, responding early to prospective demand pressures. Having housing prices explicitly in the target ensures that the central bank will monitor developments in the housing market closely. Mode of access: Internet Banks imf Depository Institutions imf Micro Finance Institutions imf Mortgages imf Price Level imf IMF Staff Country Reports; Country Report ; No. 2005/366 Full text available on IMF https://elibrary.imf.org/openurl?genre=journal&issn=1934-7685&volume=2005&issue=366 IMF e-Library