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Bank of Canada RSS Feedsen2024-03-29T14:37:30+00:00Optimal Policy under Commitment and Price Level Stationarity
https://www.bankofcanada.ca/2009/02/working-paper-2009-8/
This paper proposes a simple analytical method to determine the stationarity of an unnormalized variable from the solution to a normalized model i.e. a model whose variables must be expressed in relative terms or must be differenced for a solution to exist.2009-02-02T14:40:22+00:00enOptimal Policy under Commitment and Price Level Stationarity2009-02-02Monetary policy frameworkWorking Paper 2009-8 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp09-8.pdfOptimal Policy under Commitment and Price Level StationarityGino CateauFebruary 2009EE5E52E58