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...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Obstfeld, Maurice
Muut tekijät: Clinton, Kevin, Kamenik, Ondra, Laxton, Douglas
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2016.
Sarja:IMF Working Papers; Working Paper ; No. 2016/192
Linkit:Full text available on IMF