New Frontiers in Monetary Policy Design

NOTE: The papers listed here are reproduced as submitted by their respective authors, and do not necessarily reflect the opinions or policies of the Bank of Canada. Papers submitted by persons not in the employ of the Bank of Canada may be subject to the copyright policies of the submitters' organizations and/or countries, and therefore should not be reproduced in whole or in part without the permission of the author(s). Papers are presented in the language of the authors only.

"Risk Premium Shocks and the Zero Bound on Nominal Interest Rates"

"Limitations on the Effectiveness of Forward Guidance at the Zero Lower Bound"

"Downward Wage Rigidity and Optimal Steady State Inflation"

"Inflation, Nominal Debt, Housing and Welfare"

"Endogenous Rule-of-Thumb Price-Setters and Monetary Policy"

"Price-Level Targeting and Risk Management in a Low-Inflation Economy"