Monetary policy implementation - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T11:37:43+00:00A Simple Test of Simple Rules: Can They Improve How Monetary Policy is Implemented with Inflation Targets?
https://www.bankofcanada.ca/2003/10/working-paper-2003-31/
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 measuring the correlation between the deviations of inflation from the target and the lagged deviations of rule recommendations from the actual policy interest rate.2003-10-02T12:35:31+00:00enA Simple Test of Simple Rules: Can They Improve How Monetary Policy is Implemented with Inflation Targets?2003-10-02Inflation targetsMonetary policy implementationWorking Paper 2003-31 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp03-31.pdfA Simple Test of Simple Rules: Can They Improve How Monetary Policy is Implemented with Inflation Targets?Nicholas RoweDavid TulkOctober 2003EE5