Narrow search
Showing 1 - 5 of 5
Cover Image
A policy model to analyze macroprudential regulations and monetary policy
Alpanda, Sami; Cateau, Gino; Meh, Césaire Assah - 2014
We construct a small-open-economy, New Keynesian dynamic stochastic generalequilibrium model with real …-financial linkages to analyze the effects of financial shocks and macroprudential policies on the Canadian economy. Our model has four … transmission of monetary policy and financial shocks in the model economy, and analyze the effectiveness of various policies in …
Persistent link: https://www.econbiz.de/10010238951
Cover Image
Limited commitment, endogenous credibility and the challenges of price-level targeting
Cateau, Gino; Shukayev, Malik - 2018
stabilize the economy through expectations. The endogenous nature of credibility also brings novel results relative to models …
Persistent link: https://www.econbiz.de/10011946949
Cover Image
Optimal policy under commitment and price level stationarity
Cateau, Gino - 2009
This paper proposes a simple analytical method to determine the stationarity of an unnormalized variable from the solution to a normalized model i.e. a model whose variables must be expressed in relative terms or must be differenced for a solution to exist. The paper then applies the methodto...
Persistent link: https://www.econbiz.de/10003823126
Cover Image
Adopting price-level targeting under imperfect credibility in ToTEM
Cateau, Gino; Kryvtsov, Oleksiy; Shukayev, Malik; … - 2009
probability decreases and imperfect credibility abates, inflation expectations in the economy become consistent with price …
Persistent link: https://www.econbiz.de/10003852881
Cover Image
Price level versus inflation targeting under model uncertainty
Cateau, Gino (contributor) - 2008
The purpose of this paper is to make a quantitative contribution to the inflation versus price level targeting debate. It considers a policy-maker that can set policy either through an inflation targeting rule or a price level targeting rule to minimize a quadratic loss function using the actual...
Persistent link: https://www.econbiz.de/10003711691