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How to Improve Inflation Targeting at the Bank of Canada

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  • Nicholas Rowe

Abstract

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Suggested Citation

  • Nicholas Rowe, 2002. "How to Improve Inflation Targeting at the Bank of Canada," Staff Working Papers 02-23, Bank of Canada.
    • Handle: RePEc:bca:bocawp:02-23
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    References listed on IDEAS

    as
    1. Taylor, John B., 2001. "An Interview With Milton Friedman," Macroeconomic Dynamics, Cambridge University Press, vol. 5(1), pages 101-131, February.
    2. repec:cup:macdyn:v:5:y:2001:i:1:p:101-31 is not listed on IDEAS
    3. Stephen M. Goldfeld & Alan S. Blinder, 1972. "Some Implications of Endogenous Stabilization Policy," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 3(3), pages 585-644.
    4. S. G. B. Henry & Meghnad Desai, 1975. "Fiscal Policy Simulations and Stabilization Policy," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 42(3), pages 347-359.
    5. William Poole, 1994. "Monetary aggregates targeting in a low-inflation economy," Conference Series ; [Proceedings], Federal Reserve Bank of Boston, vol. 38, pages 87-135.
    6. Milton Friedman, 2001. "Friedman on Friedman," Rivista di storia economica, Società editrice il Mulino, issue 1, pages 127-132.
    7. Peston, Maurice H, 1972. "The Correlation between Targets and Instruments," Economica, London School of Economics and Political Science, vol. 39(156), pages 427-431, November.
    8. Jeffrey C. Fuhrer, 1994. "Goals, guidelines, and constraints facing monetary policymakers: an overview," New England Economic Review, Federal Reserve Bank of Boston, issue Sep, pages 3-15.
    9. W A Razzak, 2001. "Money in the era of inflation targeting," Reserve Bank of New Zealand Discussion Paper Series DP2001/02, Reserve Bank of New Zealand.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Frédérick Demers, 2003. "The Canadian Phillips Curve and Regime Shifting," Staff Working Papers 03-32, Bank of Canada.
    2. Philip Liu, 2004. "Improving implementation of inflation targeting in New Zealand: an investigation of the Reserve Bank's inflation errors," Reserve Bank of New Zealand Discussion Paper Series DP 2004/06, Reserve Bank of New Zealand.
    3. Nicholas Rowe & David Tulk, 2003. "A Simple Test of Simple Rules: Can They Improve How Monetary Policy is Implemented with Inflation Targets?," Staff Working Papers 03-31, Bank of Canada.
    4. Alan Bollard & Claudio Borio & Pierre Duguay & Glenn Stevens, 2004. "Wrap-up Discussion," RBA Annual Conference Volume (Discontinued), in: Christopher Kent & Simon Guttmann (ed.),The Future of Inflation Targeting, Reserve Bank of Australia.
    5. David Longworth, 2003. "Implications of a changing economic structure for the strategy of monetary policy : commentary," Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, pages 349-360.
    6. Kevin Clinton, 2006. "Core Inflation At The Bank Of Canada: A Critique," Working Paper 1077, Economics Department, Queen's University.

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    More about this item

    Keywords

    Inflation targets; Monetary and financial indicators; Monetary policy implementation;
    All these keywords.

    JEL classification:

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

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