Unstable Foundations: Assets Markets, Inflation Targets, and Canada's 2011 Policy Choices
As a 2011 deadline approaches for reform or renewal of the Bank of Canada's inflation-targeting program, questions arise about how the Bank's responsibilities for ensuring the financial system's stability are exercised under such a regime. The current financial crisis underlines the urgency of these issues.
Volume (Year): (2008)
Issue (Month): 278 (December)
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- Douglas W. Diamond & Philip H. Dybvig, 2000.
"Bank runs, deposit insurance, and liquidity,"
Federal Reserve Bank of Minneapolis, issue Win, pages 14-23.
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07-11, Bank of Canada.
- Steve Ambler, 2009. "Price-Level Targeting and Stabilization Policy: A Review," Bank of Canada Review, Bank of Canada, vol. 2009(Spring), pages 21-31.
- Goodhart, Charles & Hofmann, Boris, 2000. "Do Asset Prices Help to Predict Consumer Price Inflation?," Manchester School, University of Manchester, vol. 68(0), pages 122-40, Supplemen.
- Frederic S. Mishkin, 2008. "Does Stabilizing Inflation Contribute To Stabilizing Economic Activity?," NBER Working Papers 13970, National Bureau of Economic Research, Inc.
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