Title:

Price-Level versus Inflation Targeting with Financial Market Imperfections

Authors:

Francisco Covas (Fed Res Board) (Fed Res Board)
Yahong Zhang (Bank of Canada)

Journal:

Canadian Journal of Economics

Year:

2010

Volume:

43

Pages:

1302-1332

JEL codes:

E23 - Production
E31 - Price Level; Inflation; Deflation
E44 - Financial Markets and the Macroeconomy
E52 - Monetary Policy (Targets, Instruments, and Effects)