How to Improve Inflation Targeting in Canada /

Routine publication of the forecast path for the policy interest rate (i.e. 'conventional forward guidance') would improve the transparency of monetary policy. It would also improve policy effectiveness through its influence on expectations, particularly when there is a risk of low inflati...

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Detalhes bibliográficos
Autor principal: Obstfeld, Maurice
Outros Autores: Clinton, Kevin, Kamenik, Ondra, Laxton, Douglas
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2016.
coleção:IMF Working Papers; Working Paper ; No. 2016/192
Acesso em linha:Full text available on IMF