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The introduction of inflation targets in Canada in 1991 ostensibly clarified the objectives of monetary policy, namely the pursuit of price stability. In doing so, one of the objectives of the new policy was to ensure that the public would henceforth be able to assess more easily monetary policy...
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Die Einführung von Inflationszielen in Kanada im Jahr 1991 verdeutlichte angeblich das Ziel der Geldpolitik, nämlich … können, inwieweit es der Bank von Kanada gelingt, die Inflation stabil auf niedrigem Niveau zu halten. Deshalb liegt die … Frage nahe, ob tatsächlich - wie der Präsident der Zentralbank kürzlich feststellte - " ... die Erfolge der Bank von Kanada …
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Inflationszielen in Kanada im Jahr 1991 verdeutlichte angeblich das …
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Doubts continue to be expressed about the net benefits of announcing an explicit inflation objective versus a more balanced set of goals that include an overt concern over real economic developments. This is true even if major central banks that do not explicitly target inflation (e.g., the US...
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Voting by Shadow monetary policy committees (SMPCs) provide hints about monetary policy decisions. We examine data for Australia, Canada and the euro area. SMPCs release individual members' recommendations. Their central banks do not. How much variation is there in preferences towards inflation...
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