Inflation and Interest Rates in Canada

Inflation and Interest Rates in Canada PDF Author: Canada. Prices and Incomes Commission
Publisher:
ISBN:
Category :
Languages : en
Pages : 113

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Book Description

Inflation and Interest Rates in Canada

Inflation and Interest Rates in Canada PDF Author: Canada. Prices and Incomes Commission
Publisher:
ISBN:
Category :
Languages : en
Pages : 113

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Book Description


The Structure of Interest Rates in Canada

The Structure of Interest Rates in Canada PDF Author: Jim Day
Publisher:
ISBN: 9780662257875
Category : Inflation (Finance)
Languages : en
Pages : 28

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How to Improve Inflation Targeting in Canada

How to Improve Inflation Targeting in Canada PDF Author: Mr.Maurice Obstfeld
Publisher: International Monetary Fund
ISBN: 1475541309
Category : Business & Economics
Languages : en
Pages : 43

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Book Description
Routine publication of the forecast path for the policy interest rate (i.e. “conventional forward guidance”) would improve the transparency of monetary policy. It would also improve policy effectiveness through its influence on expectations, particularly when there is a risk of low inflation, and the policy rate is constrained by the effective lower bound. Model simulations indicate that a potent macroeconomic strategy, for returning the Canadian economy to potential, combines conventional forward guidance with a fiscal stimulus. As a response to the effective lower bound constraint, and the decline in the world equilibrium real interest rate, this strategy is preferable to raising the inflation target.

Inflation and Interest Rates in Canada -prices and Incomes Commission

Inflation and Interest Rates in Canada -prices and Incomes Commission PDF Author: Canada. Prices and Incomes Commission
Publisher:
ISBN:
Category :
Languages : en
Pages : 100

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Inflation and Interest Rates in Canada

Inflation and Interest Rates in Canada PDF Author: Canada. Prices and Incomes Commission
Publisher:
ISBN:
Category : Credit
Languages : en
Pages : 0

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Book Description


Deriving Agents' Inflation Forecasts from the Term Structure of Interest Rates

Deriving Agents' Inflation Forecasts from the Term Structure of Interest Rates PDF Author: Christopher Ragan
Publisher:
ISBN: 9780662228899
Category : Inflation (Finance)
Languages : en
Pages : 32

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Book Description


The Great Inflation

The Great Inflation PDF Author: Michael D. Bordo
Publisher: University of Chicago Press
ISBN: 0226066959
Category : Business & Economics
Languages : en
Pages : 545

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Book Description
Controlling inflation is among the most important objectives of economic policy. By maintaining price stability, policy makers are able to reduce uncertainty, improve price-monitoring mechanisms, and facilitate more efficient planning and allocation of resources, thereby raising productivity. This volume focuses on understanding the causes of the Great Inflation of the 1970s and ’80s, which saw rising inflation in many nations, and which propelled interest rates across the developing world into the double digits. In the decades since, the immediate cause of the period’s rise in inflation has been the subject of considerable debate. Among the areas of contention are the role of monetary policy in driving inflation and the implications this had both for policy design and for evaluating the performance of those who set the policy. Here, contributors map monetary policy from the 1960s to the present, shedding light on the ways in which the lessons of the Great Inflation were absorbed and applied to today’s global and increasingly complex economic environment.

The Impact of Inflation on Financial Markets in Canada

The Impact of Inflation on Financial Markets in Canada PDF Author: James E. Pesando
Publisher: Canadian Economic Policy Committee
ISBN:
Category : Business & Economics
Languages : en
Pages : 104

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Book Description
From the Preface: ...the purpose of this monograph is to clarify the channels through which inflation affects financial markets in Canada. In so doing, the monograph will both identify and illustrate common fallacies in this regard. The prime emphasis is on the impact of inflation on the rates of return on common stocks and fixed-income securities and on related issues. Attention is also drawn however to the operation of financial intermediaries and to the adequacy of traditional financial instruments in an inflationarly climate.

The Bank of Canada's Monetary Policy Framework

The Bank of Canada's Monetary Policy Framework PDF Author: Ms.Brenda Gonzalez-Hermosillo
Publisher: International Monetary Fund
ISBN: 1451858469
Category : Business & Economics
Languages : en
Pages : 20

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Book Description
In recent years the Bank of Canada has made important changes in the way it conducts monetary policy. In particular, the bank has adopted explicit inflation targets and introduced significant changes to its operational framework designed to increase transparency and reduce market uncertainty. This paper examines the key issues associated with the recent changes in the Bank of Canada’s monetary policy framework and analyzes various indicators of central bank credibility.

Inflation Expectations

Inflation Expectations PDF Author: Peter J. N. Sinclair
Publisher: Routledge
ISBN: 1135179778
Category : Business & Economics
Languages : en
Pages : 402

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Book Description
Inflation is regarded by the many as a menace that damages business and can only make life worse for households. Keeping it low depends critically on ensuring that firms and workers expect it to be low. So expectations of inflation are a key influence on national economic welfare. This collection pulls together a galaxy of world experts (including Roy Batchelor, Richard Curtin and Staffan Linden) on inflation expectations to debate different aspects of the issues involved. The main focus of the volume is on likely inflation developments. A number of factors have led practitioners and academic observers of monetary policy to place increasing emphasis recently on inflation expectations. One is the spread of inflation targeting, invented in New Zealand over 15 years ago, but now encompassing many important economies including Brazil, Canada, Israel and Great Britain. Even more significantly, the European Central Bank, the Bank of Japan and the United States Federal Bank are the leading members of another group of monetary institutions all considering or implementing moves in the same direction. A second is the large reduction in actual inflation that has been observed in most countries over the past decade or so. These considerations underscore the critical – and largely underrecognized - importance of inflation expectations. They emphasize the importance of the issues, and the great need for a volume that offers a clear, systematic treatment of them. This book, under the steely editorship of Peter Sinclair, should prove very important for policy makers and monetary economists alike.