E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-28T12:35:49+00:00Asset-Price Misalignments and Monetary Policy: How Flexible Should Inflation-Targeting Regimes Be?
https://www.bankofcanada.ca/2007/07/discussion-paper-2007-6/
The authors analyze the extent to which inflation-targeting frameworks should incorporate flexibility in order to respond to asset-price misalignments and other atypical events. They examine the costs and benefits of adding flexibility to the Bank's current inflation-targeting framework, and conclude that maintaining low and stable consumer price inflation is the best contribution that monetary policy […]2007-07-13T12:59:47+00:00enAsset-Price Misalignments and Monetary Policy: How Flexible Should Inflation-Targeting Regimes Be?2007-07-13Inflation targetsMonetary policy frameworkDiscussion Paper 2007-6https://www.bankofcanada.ca/wp-content/uploads/2010/01/dp07-6.pdfAsset-Price Misalignments and Monetary Policy: How Flexible Should Inflation-Targeting Regimes Be?Jack SelodyCarolyn A. WilkinsJuly 2007EE5E6Liquidity, Redistribution, and the Welfare Cost of Inflation
https://www.bankofcanada.ca/2007/07/working-paper-2007-39/
This paper studies the long run welfare costs of inflation in a micro-founded model with trading frictions and costly liquidity management.2007-07-01T13:00:02+00:00enLiquidity, Redistribution, and the Welfare Cost of Inflation2007-07-01Inflation: costs and benefitsWorking Paper 2007-39 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp07-39.pdfLiquidity, Redistribution, and the Welfare Cost of InflationJonathan ChiuMiguel MolicoJuly 2007EE4E40E5E50