E58 - Central Banks and Their Policies - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T09:10:57+00:00The Implications of Transmission and Information Lags for the Stabilization Bias and Optimal Delegation
https://www.bankofcanada.ca/2004/09/working-paper-2004-37/
In two recent papers, Jensen (2002) and Walsh (2003), using a hybrid New Keynesian model, demonstrate that a regime that targets either nominal income growth or the change in the output gap can effectively replicate the outcome under commitment and hence reduce the size of the stabilization bias.2004-09-01T15:49:00+00:00enThe Implications of Transmission and Information Lags for the Stabilization Bias and Optimal Delegation2004-09-01Inflation targetsMonetary policy transmissionWorking Paper 2004-37 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp04-37.pdfThe Implications of Transmission and Information Lags for the Stabilization Bias and Optimal DelegationJean-Paul LamFlorian PelgrinSeptember 2004EE5E52E58E6E62Counterfeiting: A Canadian Perspective
https://www.bankofcanada.ca/2004/09/working-paper-2004-33/
Counterfeiting is a significant public policy issue, because paper money, despite rumours of its demise, remains an important part of our payments system.2004-09-01T13:25:29+00:00enCounterfeiting: A Canadian Perspective2004-09-01Bank notesWorking Paper 2004-33https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp04-33.pdfCounterfeiting: A Canadian PerspectiveJohn ChantSeptember 2004EE5E58