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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Библиографические подробности
Главный автор: Obstfeld, Maurice
Другие авторы: Clinton, Kevin, Kamenik, Ondra, Laxton, Douglas
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2016.
Серии:IMF Working Papers; Working Paper ; No. 2016/192
Online-ссылка:Full text available on IMF