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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Detalles Bibliográficos
Autor principal: Obstfeld, Maurice
Otros Autores: Clinton, Kevin, Kamenik, Ondra, Laxton, Douglas
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2016.
Colección:IMF Working Papers; Working Paper ; No. 2016/192
Acceso en línea:Full text available on IMF