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73 result(s)

A Band-Aid Solution to Inflation Targeting

Staff Working Paper 1997-11 Robert Amano, Richard Black, Marcel Kasumovich
This paper reviews selectively the literature on exchange rate target zones and corresponding methodologies and examines whether they can be used to analyse the inflation-control problem.
Content Type(s): Staff Research, Staff Working Papers Topic(s): Inflation targets JEL Code(s): E, E3, E31, E5, E50

La courbe de Phillips au Canada : un examen de quelques hypothèses

Staff Working Paper 1997-3 Jean-François Fillion, André Léonard
This study, which draws on a variety of research on price dynamics in Canada, examines some hypotheses that might explain the poor quality of recent inflation forecasts based on the conventional Phillips curve.
Content Type(s): Staff Research, Staff Working Papers Topic(s): Inflation and prices, Inflation targets JEL Code(s): C, C5, C52, E, E3, E31

The Goal of Price Stability: A Review of the Issues

Technical Report No. 54 Jack Selody
The basic responsibility of a central bank is to preserve the value of money—that is, to maintain stability in the general level of prices. This report pulls together the main arguments for and against price stability as the appropriate goal for monetary policy. The available evidence suggests that the benefits of price stability are many […]
Content Type(s): Staff Research, Technical Reports Topic(s): Inflation targets JEL Code(s): E, E3, E31, E5, E50