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Why Monetary Policy Matters: A Canadian Perspective

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Author Info
Christopher Ragan (Bank of Canada)

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Abstract

This article provides answers to several key questions about Canadian monetary policy. First, what is monetary policy? Second, why does the Bank of Canada focus on the control of inflation rather than other macroeconomic variables? Third, how do the Bank's actions influence the rate of inflation? And, finally, how can monetary policy deliver genuine and significant benefits to society?

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File URL: http://www.bankofcanada.ca/en/review/winter06-07/ragan.pdf
File Format: application/pdf
File Function: full text
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Publisher Info
Article provided by Bank of Canada in its journal Bank of Canada Review.

Volume (Year): 2006-2007 (2006-2007)
Issue (Month): Winter ()
Pages: 19-25
Download reference. The following formats are available: HTML, plain text, BibTeX, RIS (EndNote), ReDIF
Handle: RePEc:bca:bcarev:v:2007:y:2007:i:winter06-07:p:19-25

Contact details of provider:
Postal: 234 Wellington Street, Ottawa, Ontario, K1A 0G9, Canada
Phone: 613-782-8899
Fax: 613-782-8874
Web page: http://www.bank-banque-canada.ca/

Order Information:
Postal: Publications Distribution, Bank of Canada, 234 Wellington Street, Ottawa, Ontario, K1A 0G9, Canada
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Web: http://www.bank-banque-canada.ca/en/publication/pub_res.html

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This page was last updated on 2008-11-20.

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