E32 - Business Fluctuations; Cycles - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-28T09:54:23+00:00Price Level Targeting in a Small Open Economy with Financial Frictions: Welfare Analysis
https://www.bankofcanada.ca/2008/10/working-paper-2008-40/
How important are the benefits of low price-level uncertainty? This paper explores the desirability of price-level path targeting in an estimated DSGE model fit to Canadian data. The policy implications are based on social welfare evaluations.2008-10-18T13:54:27+00:00enPrice Level Targeting in a Small Open Economy with Financial Frictions: Welfare Analysis2008-10-18Financial stabilityInflation and pricesMonetary policy frameworkWorking Paper 2008-40 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp08-40.pdfPrice Level Targeting in a Small Open Economy with Financial Frictions: Welfare AnalysisAli DibCaterina MendicinoYahong ZhangOctober 2008EE3E31E32E5E52Globalization and Inflation: The Role of China
https://www.bankofcanada.ca/2008/10/working-paper-2008-35/
In this paper, we develop a theoretical model which identifies four channels–import prices, competition with domestic suppliers and workers, and commodity prices–through which price- and wage-setting conditions in country j may affect inflation in country i.2008-10-01T14:34:31+00:00enGlobalization and Inflation: The Role of China2008-10-01International topicsWorking Paper 2008-35 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp08-35.pdfGlobalization and Inflation: The Role of ChinaDenise CôtéCarlos De ResendeOctober 2008EE2E22E3E32E4E44