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of the rise in inequality. Data show that income inequality in Canada increased substantially during the 1980s and first …Concerns over rising inequality have heightened in the years following the 2007-09 global financial crisis and, more … recently, with the COVID-19 pandemic. This staff discussion paper reviews the historical facts regarding income inequality in …
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accountability of the ECB with some other central banks (Bank of Canada, Bank of Japan, Bank of England and the Federal Reserve … System). In the second part, we present a theory of central bank accountability. Two aspects of accountability are considered … accountability through transparency leads to a lower expected rate of inflation and less stabilization of supply shocks …
Persistent link: https://www.econbiz.de/10011418852
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 …
Persistent link: https://www.econbiz.de/10009768267
, concerns about their inequality impact have grown. But rising inequality has multiple causes and its relationship with monetary …
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This paper investigates the impact of exchange rate movements on the conduct of monetary policy in Australia, Canada … exchange rate process are examined. The results indicate that the Reserve Bank of Australia, the Bank of Canada and the Bank of … incorporate exchange rate movements explicitly into their policy rule. With a higher degree of intrinsic inflation persistence …
Persistent link: https://www.econbiz.de/10003749237
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