Showing 1 - 10 of 79,089
test the"luck hypothesis" we examine the inflation experience of Canada, one of the earliest and most successful adopter of … explain with a high probability Canada's low inflation volatility since the early 1990s. Any inflation stabilization induced …
Persistent link: https://www.econbiz.de/10003854780
We examine the evolution of monetary policy rules in a group of inflation targeting countries (Australia, Canada, New …
Persistent link: https://www.econbiz.de/10008688990
policy. We study how firms form their inflation expectations using quarterly firm-level data from the Bank of Canada … structural shift specifications suggests that inflation expectations in Canada have drifted downward since the Great Recession …
Persistent link: https://www.econbiz.de/10011540769
,rather than exchange rate regimes and questions of policy credibility and political accountability are crucial. Canada's recent … performance are assessed. The most economically attractive among alternative monetary orders, the adoption by Canada of the US … politically attainable. Intermediate arrangements are unattractive and clearly inferior to Canada's current monetary order. …
Persistent link: https://www.econbiz.de/10011541166
The current monetary policy agreement between the Bank of Canada and the Department of Finance is set to expire at the …
Persistent link: https://www.econbiz.de/10013115223
vanguard of the inflation targeting policy strategy, namely Australia, Canada, and New Zealand, and use the resulting estimates …
Persistent link: https://www.econbiz.de/10013156549
Empirical evidence on inflation targeting (IT) outcomes has been mixed so far, mainly because most of the assessments have been based on a control group methodology in a period where differences between IT and non-IT countries were insignificant. In this paper, we study IT impact over time and...
Persistent link: https://www.econbiz.de/10012722580
Under a flexible inflation targeting regime, should policymakers avoid any reaction to movements in the foreign exchange market? Using data for six advanced open economies explicitly targeting inflation, the paper examines empirically whether real exchange rate disequilibria systematically...
Persistent link: https://www.econbiz.de/10012780739
-targeting strategy - New Zealand, Canada, and the United Kingdom. It also considers the German experience with a monetary targeting …
Persistent link: https://www.econbiz.de/10012766980
inflation as the forecast horizon shortens. Fitting the model with forecaster-level data for Canada and the US, we identify … considerably lower for the panel of Canadian forecasters than US ones following Canada's adoption of inflation targets. And third …, forecasters in Canada look much more alike than those in the US in terms of the weight that they place on the anchor. One …
Persistent link: https://www.econbiz.de/10013013629