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Bank of Canada RSS Feedsen2024-03-29T13:38:09+00:00Constraints on the Conduct of Canadian Monetary Policy in the 1990s: Dealing with Uncertainty in Financial Markets
https://www.bankofcanada.ca/1997/12/technical-report-no80/
Canada's economic performance in the first half of the 1990s was adversely affected by high premiums in interest rates that were brought on by political and economic uncertainties.1997-12-01T14:43:21+00:00enConstraints on the Conduct of Canadian Monetary Policy in the 1990s: Dealing with Uncertainty in Financial Markets1997-12-01Monetary policy and uncertaintyMonetary policy implementationMonetary policy transmissionTechnical Report 80 https://www.bankofcanada.ca/wp-content/uploads/2010/01/tr80.pdfConstraints on the Conduct of Canadian Monetary Policy in the 1990s: Dealing with Uncertainty in Financial MarketsKevin ClintonMark ZelmerDecember 1997EE5E58Implementation of Monetary Policy in a Regime with Zero Reserve Requirements
https://www.bankofcanada.ca/1997/04/working-paper-1997-8/
Monetary policy can be implemented effectively without reserve requirements as long as cost incentives ensure a predictable demand for settlement balances. A central bank can then achieve the level of short-term interest rates that it desires, using market-oriented instruments only.1997-04-01T15:48:42+00:00enImplementation of Monetary Policy in a Regime with Zero Reserve Requirements1997-04-01Monetary policy implementationWorking Paper 1997-8 https://www.bankofcanada.ca/wp-content/uploads/2010/05/wp97-8.pdfImplementation of Monetary Policy in a Regime with Zero Reserve RequirementsKevin ClintonApril 1997EE5E52