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inflation such as the U.S. and Canada. For example, in Canada, a systematic review of the current inflation targeting framework … assessing the redistributional effects of inflation in Canada that arise through the revaluation of nominal assets and … effects of inflation. This omission is likely to be important since the welfare costs of inflation depend not only on …
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The author constructs a measure of core inflation using a structural vector autoregression containing oil-price growth …, output growth, and inflation. This macro-foundedʺ measure of inflation forecasts total inflation at least as well as other …, atheoretical measures. -- Inflation and prices …
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other observers by surprise. Canada was no exception. Year-over-year CPI inflation rose from -0.4 percent at its nadir in … Ambler and Kronick 2021). We focus on indicators relevant to the Bank of Canada’s inflation target. Second, we analyze … the trend growth rate of broad money and inflation, the evidence suggests the Bank of Canada is right to pause its …
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to support the standard objection to such policies: that they will lead to uncontrollable inflation. Theoretical models … paper presents a counter-example in the activities of the Bank of Canada during the period 1935-75, when, working with the … support for a relationship between monetary financing and inflation. The findings lend support to recent calls for explicit …
Persistent link: https://www.econbiz.de/10013013224
The Bank of Canada (BoC) should carefully monitor the money supply to better predict inflation and track the … effectiveness of its monetary policy, according to a new C.D. Howe Institute report. In “Money Still Matters: How the Bank of Canada … Might Better Monitor Inflation,” author Mati Dubrovinsky suggests the BoC should also pay particular attention to the …
Persistent link: https://www.econbiz.de/10013048775