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Selected Works of Sergio Da Silva
Article
Optimal Control Theory for Inflation Targeting
Economics Bulletin (2008)
  • Thiago Veloso
  • Roberto Meurer, Federal University of Santa Catarina
  • Sergio Da Silva, Federal University of Santa Catarina
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Abstract
We make a case for the usefulness of an optimal control approach for the central banks’ choice of interest rates in inflation target regimes. We illustrate it with data from selected developed and emerging countries with longest experience of inflation targeting.
Keywords
  • Inflation targeting,
  • Optimal control theory
Disciplines
Publication Date
April, 2008
Publisher Statement
Economics Bulletin is open access
Citation Information
Thiago Veloso, Roberto Meurer and Sergio Da Silva. "Optimal Control Theory for Inflation Targeting" Economics Bulletin Vol. 3 Iss. 24 (2008)
Available at: http://works.bepress.com/sergiodasilva/9/