Monetary rules when economic behaviour changes / by Robert Amano, Don Coletti and Tiff Macklem.: FB3-2/99-8E-PDF
This paper examines the implications of changes in economic behaviour for simple inflation-forecast-based monetary rules of the type currently used at two inflation-targeting central banks. Three types of changes in economic behaviour are considered, changes that are motivated by developments in monetary and fiscal policy in the 1990s: changes in monetary policy credibility, changes in the slope of the Phillips curve, and changes in the degree of income stabilization from automatic fiscal transfers.--Page v
Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.571710&sl=0
| Department/Agency |
|
|---|---|
| Title | Monetary rules when economic behaviour changes / by Robert Amano, Don Coletti and Tiff Macklem. |
| Series title |
|
| Publication type | Monograph - View Master Record |
| Language | [English] |
| Format | Digital text |
| Electronic document | |
| Other formats | Physical text-[English] |
| Note(s) |
|
| Publishing information |
|
| Description | 55p.graphs, references, tables |
| ISSN | 1701-9397 |
| Catalogue number |
|
| Subject terms |
Request alternate formats
To request an alternate format of a publication, complete the Government of Canada Publications email form. Use the form’s “question or comment” field to specify the requested publication.Page details
- Date modified: