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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Détails bibliographiques
Auteur principal: Obstfeld, Maurice
Autres auteurs: Clinton, Kevin, Kamenik, Ondra, Laxton, Douglas
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2016.
Collection:IMF Working Papers; Working Paper ; No. 2016/192
Accès en ligne:Full text available on IMF