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Better Late Than Never: Towards a Systematic Review of Canada's Monetary Policy Regime

Author

Listed:
  • David Laidler

    () (C.D. Howe Institute)

Abstract

The Bank of Canada has announced that its inflation-targeting regime, in place since 1991, is at last to get a thorough review. The Issues needing examination include whether to move to a "price stability" program, which might be both feasible and desirable.

Suggested Citation

  • David Laidler, 2007. "Better Late Than Never: Towards a Systematic Review of Canada's Monetary Policy Regime," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 252, July.
  • Handle: RePEc:cdh:commen:252
    as

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    File URL: https://www.cdhowe.org/public-policy-research/better-late-never-towards-systematic-review-canada%E2%80%99s-monetary-policy-regime
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    References listed on IDEAS

    as
    1. Daniel L. Thornton, 2007. "The lower and upper bounds of the Federal Open Market Committee's long-run inflation objective," Review, Federal Reserve Bank of St. Louis, issue May, pages 183-194.
    2. Rose, Andrew K., 2007. "A stable international monetary system emerges: Inflation targeting is Bretton Woods, reversed," Journal of International Money and Finance, Elsevier, vol. 26(5), pages 663-681, September.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    monetary policy; inflation targeting;

    JEL classification:

    • E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit
    • 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

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