E52 - Monetary Policy - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-28T23:37:52+00:00Noisy Monetary Policy
https://www.bankofcanada.ca/2018/05/staff-working-paper-2018-23/
We introduce limited information in monetary policy. Agents receive signals from the central bank revealing new information (“news") about the future evolution of the policy rate before changes in the rate actually take place. However, the signal is disturbed by noise.2018-05-30T14:57:34+00:00enNoisy Monetary Policy2018-05-30Business fluctuations and cyclesEconometric and statistical methodsFinancial marketsMonetary policy implementationMonetary policy transmissionStaff Working Paper 2018-23https://www.bankofcanada.ca/wp-content/uploads/2018/05/swp2018-23.pdfNoisy Monetary PolicyTatjana DahlhausLuca GambettiMay 2018CC1C18C3C32EE0E02E4E43E5E52