Search: inflation target
RBA Glossary definition for inflation target
inflation target – A tool to guide monetary policy expressed as a preferred range or figure for the rate of increase in prices over a period. In Australia, the inflation target is between 2 and 3 per cent per annum on average over the course of the business cycle.
RBA Glossary definition for inflation
inflation – A measure of the change (increase) in the general level of prices.
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Directions for Future Research
29 Aug 2014
RDP
2014-02
RDP 2014-02: Fiscal Policy and the Inflation Target 8. Directions for Future Research. ... As discussed in reference to Figure 5, the inflation target is sensitive to this assumption unless fiscal policy is very aggressive.
https://www.rba.gov.au/publications/rdp/2014/2014-02/directions-future-research.html
The New Regime of Fiscal Activism
29 Aug 2014
RDP
2014-02
RDP 2014-02: Fiscal Policy and the Inflation Target 2. The New Regime of Fiscal Activism.
https://www.rba.gov.au/publications/rdp/2014/2014-02/new-regime-fiscal-activism.html
Modelling Countercyclical Fiscal Policy
10 Dec 2014
RDP
2014-02
RDP 2014-02: Fiscal Policy and the Inflation Target 3. Modelling Countercyclical Fiscal Policy. ... is the inflation target, and x. t. is the output gap with a coefficient of 1.
https://www.rba.gov.au/publications/rdp/2014/2014-02/modelling-countercyclical-fiscal-policy.html