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When the Bank of Canada will begin raising interest rates is looking very different than when it should even though the risks of postponement are growing. If more “no-change” decisions are made by the Bank of Canada regarding its policy interest rate, inflation expectations might begin to...
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With the economic recovery taking hold and the Bank of Canada's conditional commitment to keep the overnight rate at 0.25 percent expiring soon, a number of questions about the conduct of monetary policy need to be considered. The author argues the Bank should keep its conditional commitment,...
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International evidence shows the wide economic benefits of inflation targeting, says a ground-breaking C.D. Howe Institute report. In “Mounting Evidence: Findings from Natural Experiments in Inflation Targeting,” author Michael Parkin shows how the evidence broadly supports the merits of...
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Candidate appearances on entertainment television have become a staple of recent presidential campaigns, yet little is known about their effect on voters. Many assume that they leave viewers uninformed and focused on the candidate's personal image. In this article, the author investigates this...
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Recommended readings (Machine generated): "Phelps-Brown, E.H. and Shiela V. Hopkins (1956), "Seven Centuries of the Prices of Consumables, compared with Builders' Wage-Rates", Economica, New Series, XXIII (89-92), November, 296-314" -- "O'Donoghue, Jim, Louise Goulding, and Grahame Allen (2004),...
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