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be related to the explicit inflation target in Canada in comparison to the dual mandate in the US. …’ inflation expectations to their own lagged forecasts as well as proxies for the rational expectation forecasts. The model builds … in inflation expectations extensively documented in the literature. We estimate the model using data from two important …
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This paper studies the Great Inflation in Canada, Australia, and New Zealand. Newspaper coverage and policymakers … delegated inflation control to nonmonetary devices. This hypothesis helps explain why, unlike Canada, Australia and New Zealand …' statements are used to analyze the views on the inflation process that led to the 1970s macroeconomic policies, and the different …
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policies designed to maintain price stability. They obtained excellent cooperation from John Crow of Canada, Roberto Zahler of …
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three countries that adopted inflation targets in the early 1990s: The United Kingdom, Canada, and New Zealand. For all …Since 1990, a number of countries have adopted inflation targeting as their declared monetary strategy. Interpretations … of the significance of this movement, however, have differed widely. To some, inflation targeting mandates the single …
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We present a policy framework for electronic money and payments. The framework poses a set of positive questions related to the areas of responsibility of central banks: payments systems, monetary policy and financial stability. The questions are posed to four broad forms of e-money: privately...
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