How Flexible Can Inflation Targeting Be? Suggestions for the Future of Canada's Targeting Regime

In Canada, inflation targeting is widely agreed to have been a success story, but questions about how the regime might be fine-tuned in 2011 remain open. This Commentary asks how much discretion an inflation-targeting Bank of Canada can be allowed without compromising the credibility of its low inflation goal.

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Year of publication:	2009
Authors:	Koeppl, Thorsten V.
Published in:	C.D. Howe Institute Commentary. - C. D. Howe Institute. - 2009, 293
Publisher:	C. D. Howe Institute
Subject:	monetary policy \| Bank of Canada \| inflation targeting

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Extent:	application/pdf
Type of publication:	Article
Classification:	E52 - Monetary Policy (Targets, Instruments, and Effects) ; E58 - Central Banks and Their Policies
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005064215