Unconventional Monetary Policy in a Small Open Economy /

This paper investigates the effects of unconventional monetary policy in a small open economy. Using recently proposed shadow interest rates to capture unconventional monetary policy at the zero lower bound (ZLB) we estimate a Bayesian structural vector autoregressive model for Canada - a useful cas...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: MacDonald, Margaux
Weitere Verfasser: Popiel, Micha, Ksawery
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2017.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2017/268
Online Zugang:Full text available on IMF