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What is the Ideal Monetary Policy Regime? Improving the Bank of Canada's Inflation-targeting Program Author info | Abstract | Publisher info | Download info | Related research | Statistics Michael Parkin (University of Western Ontario)
The recent financial crisis has emphasized the role of sound monetary policy for ensuring Canada’s future prosperity. Although much is right with the Bank of Canada’s inflation-targeting regime, improvements such as price-level targeting and closer attention to potential financial instability should be considered in the lead-up to the renewal of the program in 2011.
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Article provided by C.D. Howe Institute in its journal C.D. Howe Institute Commentary .
Volume (Year): (2009)
Issue (Month): 279 (January)
Pages:
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Keywords: monetary policy ; central bank policy ; inflation-targeting program ; Other versions of this item:
Find related papers by JEL classification: E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies E51 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Money Supply; Credit; Money Multipliers
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.:
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William Poole, 1969.
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Technical Reports
94, Bank of Canada.
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Cote, Denise & Kuszczak, John & Lam, Jean-Paul & Liu, Ying & St-Amant, Pierre, 2006.
"A comparison of twelve macroeconomic models of the Canadian economy ,"
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