Siklos, Pierre L.; Neuenkirch, Matthias - Department of Economics, School of Business and Economics - 2014
This paper examines the policy rate recommendations of the Bank of Canada’s Governing Council (GC) and the C.D. Howe Institute’s (CDHI) Monetary Policy Council (MPC) since 2003. We find, first, that differences in the median recommendations between the MPC and the GC are persistent but small...
