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This paper shows that if the Bank of Canada is optimally adjusting its monetary policy instrument in response to inflation indicators to target 2 per cent inflation at a [...]
2002 | Text | Staff Working Paper - Document de travail du personnel |
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In this paper, we develop a new way to test hypotheses about policy-makers' targets, and we implement that test for Canadian monetary policy. If, for example, the Bank of[...]
2000 | Text | Staff Working Paper - Document de travail du personnel |
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3.
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The authors evaluate whether an assortment of simple rules could improve how the Bank of Canada implements its inflation-targeting monetary policy. They focus on measurin[...]
2003 | Text | Staff Working Paper - Document de travail du personnel |
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