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The introduction of inflation targets in Canada in 1991 ostensibly clarified the objectives of monetary policy, namely … henceforth be able to assess more easily monetary policy performance based on the Bank of Canada's record at achieving low and …, "... public commentary on monetary policy since 1991 has involved a fairer assessment of the performance of the Bank of Canada …
Persistent link: https://www.econbiz.de/10011418878
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The introduction of inflation targets in Canada in 1991 ostensibly clarified the objectives of monetary policy, namely … henceforth be able to assess more easily monetary policy performance based on the Bank of Canada's record at achieving low and …,"... public commentary on monetary policy since 1991 has involved a fairer assessment of the performance of the Bank of Canada …
Persistent link: https://www.econbiz.de/10001537911
The introduction of inflation targets in Canada in 1991 ostensibly clarified the objectives ofDie Einführung von … Inflationszielen in Kanada im Jahr 1991 verdeutlichte angeblich das …
Persistent link: https://www.econbiz.de/10012991303
This paper examines the historical evolution of central bank credibility using both historical narrative and empirics for a group of 16 countries, both advanced and emerging. It shows how the evolution of credibility has gone through a pendulum where credibility was high under the classical gold...
Persistent link: https://www.econbiz.de/10013043621
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In this paper we provide empirical measures of central bank credibility and augment these with historical narratives from eleven countries. To the extent we are able to apply reliable institutional information we can also indirectly assess their role in influencing the credibility of the...
Persistent link: https://www.econbiz.de/10012457842
regions. In particular, it studies whether Austria, the Netherlands, Canada and New Zealand made the right monetary regime … that a floating regime with inflation targeting is best for Canada, a monetary union with Australia is the best course of …
Persistent link: https://www.econbiz.de/10014115858