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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Dettagli Bibliografici
Autore principale: Obstfeld, Maurice
Altri autori: Clinton, Kevin, Kamenik, Ondra, Laxton, Douglas
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2016.
Serie:IMF Working Papers; Working Paper ; No. 2016/192
Accesso online:Full text available on IMF