Q43 - Energy and the Macroeconomy - Bank of Canada
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2024-03-28T17:39:28+00:00
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Commodities and Monetary Policy: Implications for Inflation and Price Level Targeting
https://www.bankofcanada.ca/2012/06/working-paper-2012-16/
We examine the relative ability of simple inflation targeting (IT) and price level targeting (PLT) monetary policy rules to minimize both inflation variability and business cycle fluctuations in Canada for shocks that have important consequences for global commodity prices.
2012-06-14T09:51:31+00:00
en
Commodities and Monetary Policy: Implications for Inflation and Price Level Targeting
2012-06-14
Economic models
Inflation and prices
International topics
Monetary policy framework
Working Paper 2012-16
https://www.bankofcanada.ca/wp-content/uploads/2012/06/wp2012-16.pdf
Commodities and Monetary Policy: Implications for Inflation and Price Level Targeting
Donald Coletti
René Lalonde
Paul Masson
Dirk Muir
Stephen Snudden
June 2012
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Q43