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...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Obstfeld, Maurice
Weitere Verfasser: Clinton, Kevin, Kamenik, Ondra, Laxton, Douglas
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2016.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2016/192
Online Zugang:Full text available on IMF