Inflation targets - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-28T22:11:07+00:00Price-Level versus Inflation Targeting with Financial Market Imperfections
https://www.bankofcanada.ca/2008/08/working-paper-2008-26/
This paper compares price-level-path targeting (PT) with inflation targeting (IT) in a sticky-price, dynamic, general equilibrium model augmented with imperfections in both the debt and equity markets.2008-08-18T10:50:59+00:00enPrice-Level versus Inflation Targeting with Financial Market Imperfections2008-08-18Economic modelsInflation targetsMonetary policy frameworkWorking Paper 2008-26 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp08-26.pdfPrice-Level versus Inflation Targeting with Financial Market ImperfectionsFrancisco CovasYahong ZhangAugust 2008EE4E40E5E50