The Bank of Canada's Monetary Policy Framework : Have Recent Changes Enhanced Central Bank Credibility? /

In recent years the Bank of Canada has made important changes in the way it conducts monetary policy. In particular, the bank has adopted explicit inflation targets and introduced significant changes to its operational framework designed to increase transparency and reduce market uncertainty. This p...

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Bibliographic Details
Main Author: Ito, Takatoshi
Other Authors: Gonzalez-Hermosillo, Brenda
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1997.
Series:IMF Working Papers; Working Paper ; No. 1997/171
Online Access:Full text available on IMF