Thursday, 18 January 2018

Author Archives Tyler Worthington, Intern

NGDP targeting: An overview

July 8, 2015
in Blog

The prolonged recovery that followed the Great Recession has brought about increased support for a monetary policy rule known as Nominal Gross Domestic Product (NGDP) targeting. This form of targeting combines employment and inflation into one metric. In theory, this would better help the Fed achieve its dual mandate. NGDP targeting focuses on an economy‚Äôs […]

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