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Monetary policy, uncertainty and the presumption of linearity / by Douglas Laxton et al.FB3-1/63E

This report shows that extreme conditions and volatility in markets are much more likely to result from systematic policy errors in gauging and responding to inflationary pressures in an economy than from unfortunate random shocks.--Abstract

Permanent link to this Catalogue record:
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Publication information
Department/Agency
  • Bank of Canada.
TitleMonetary policy, uncertainty and the presumption of linearity / by Douglas Laxton et al.
Series title
  • Technical report 0713-7931 63
Publication typeMonograph - View Master Record
Language[English]
FormatPhysical text
Other formatsDigital text-[English]
Note(s)
  • "This report shows that extreme conditions and volatility in markets are much more likely to result from systematic policy errors in gauging and responding to inflationary pressures in an economy than from unfortunate random shocks."--Abstract.
Publishing information
  • Ottawa - Ontario : Bank of Canada 1993.
BindingSoftcover
Description42p. : graphs, references, tables ; 28 cm.
ISBN0-662-20859-5
ISSN0713-7931
Catalogue number
  • FB3-1/63E
Subject terms
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