Credibility - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T13:00:51+00:00The imperative for public engagement
https://www.bankofcanada.ca/2020/08/imperative-for-public-engagement/
Governor Tiff Macklem talks about the need for the Bank to be clear, relatable and understandable when it communicates with the public.2020-08-27T07:31:25+00:00The imperative for public engagement2020-08-27Tiff MacklemUnder the microscope
https://www.bankofcanada.ca/2020/03/under-the-microscope/
Evaluating our approach to monetary policy2020-03-06T09:00:06+00:00enUnder the microscope2020-03-06The Power of Helicopter Money Revisited: A New Keynesian Perspective
https://www.bankofcanada.ca/2020/02/staff-discussion-paper-2020-1/
We analyze money financing of fiscal transfers (helicopter money) in two simple New Keynesian models: a “textbook” model in which all money is non-interest-bearing (e.g., all money is currency), and a more realistic model with interest-bearing reserves.2020-02-07T16:29:53+00:00enThe Power of Helicopter Money Revisited: A New Keynesian Perspective2020-02-07CredibilityEconomic modelsFiscal policyInflation targetsInterest ratesMonetary policyMonetary policy and uncertaintyMonetary policy frameworkMonetary policy transmissionStaff Discussion Paper 2020-1https://www.bankofcanada.ca/wp-content/uploads/2020/02/sdp2020-1.pdfThe Power of Helicopter Money Revisited: A New Keynesian PerspectiveThomas J. CarterRhys R. MendesFebruary 2020EE1E12E4E41E43E5E51E52E58E6E61E63Social Learning and Monetary Policy at the Effective Lower Bound
https://www.bankofcanada.ca/2020/01/staff-working-paper-2020-2/
This research develops a model in which the economy is directly influenced by how pessimistic or optimistic economic agents are about the future. The agents may hold different views and update them as new economic data become available.2020-01-28T09:51:19+00:00enSocial Learning and Monetary Policy at the Effective Lower Bound2020-01-28Business fluctuations and cyclesCentral bank researchCredibilityEconomic modelsMonetary policyMonetary policy communicationsStaff Working Paper 2020-2https://www.bankofcanada.ca/wp-content/uploads/2020/01/swp2020-2.pdfSocial Learning and Monetary Policy at the Effective Lower BoundJasmina ArifovicAlex GrimaudIsabelle SalleGauthier VermandelJanuary 2020CC8C82EE3E32E5E52