This paper applies ARDL and Nonlinear ARDL models to long-term inflation targeting policy mechanisms in the United … States and China to assess the impact of oil price dynamics and asymmetries on inflation expectations in the two countries … changes on inflation expectations, and further provide a theoretical basis for the empirical results. We use data from 2010 to …

. In contrast, the results for Canada lend considerable support to simple models of flexible inflation forecast targeting …We examine whether standard theoretical models of inflation forecast targeting are consistent with the observed … behaviour of the central banks of Australia, Canada, and the United States. The target criteria from these models restrict the …

This paper uses the censuses of 1842 of Canada East (modern day Quebec) and Canada West (modern day Ontario) to help … explain the historical differences in living standards between Canada and the United States. The argument made in this paper … is that Canada East was substantially poorer than the rest of Canada. The wage and price data contained in the censuses …

-40) period. Surprisingly, we find that average relative price dispersion across cities within Canada and the U.S., and the role … also find large changes in the importance of the Canada- U.S. border during the Interwar period. While increased price … rates), large relative and absolute price differences persist even after the Canada-U.S. nominal exchange rate returned to …

Establishing the external validity of experimental inflation forecasts is essential if laboratory experiments are to be … used as decision-making tools for monetary policy. Our contribution is to document whether different measures of inflation … information, suggesting the presence of some form of bounded rationality or information imperfections. Finally, lagged inflation …