Why is Canada's Price Level So Predictable? /

One of the pioneers of inflation targeting (IT), the Bank of Canada is now considering a possibility of switching to price-level-path targeting (PLPT), where past deviations of inflation from the target would have to be offset in the future, bringing the price level back to a predetermined path. Thi...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Klyuev, Vladimir
Weitere Verfasser: Kamenik, Ondrej, Kiem, Heesun, Laxton, Douglas
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2008.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2008/025
Online Zugang:Full text available on IMF