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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
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
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Monetary policy is most effective when public beliefs about future policies are actively managed. This is the appeal of policy rules and commitment strategies, typically absent under discretion. But when a policymaker has some private information - as is the case in reality - belief management...
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Media coverage of monetary policy actions is a central channel of a central bank's communication with the wider public, and thus an important factor for its credibility and policy effectiveness. This paper analyses the coverage which ECB monetary policy decisions receive in the print media, and...
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