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Beyond "looking through" : monetary policy responses and communication under supply-driven inflation / Olena Kostyshyna, Luba Petersen, Jing Yang.: FB3-5/2026-39E-PDF

"Using a controlled macroeconomic experiment, we compare monetary policy rules that differ in how much they look through inflation: a Lean-Against policy that responds strongly to inflation and a Look-Through policy that responds less strongly. We combine each rule with communication protocols that vary the information the central bank releases about its policy response: restricted qualitative information, detailed quantitative information, and detailed quantitative information combined with inflation and output projections"--Abstract, page [i].

Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.966908&sl=0

Publication information
Department/Agency
  • Bank of Canada, issuing body.
TitleBeyond "looking through" : monetary policy responses and communication under supply-driven inflation / Olena Kostyshyna, Luba Petersen, Jing Yang.
Series title
  • Staff working paper = Document de travail du personnel, 1701-9397 ; 2026-39
Publication typeMonograph - View Master Record
Language[English]
FormatDigital text
Electronic document
Note(s)
  • ISSN assigned to different series.
  • Includes bibliographical references.
Publishing information
  • [Ottawa] : Bank of Canada = Banque du Canada, October 16, 2026.
  • ©2026
Author / Contributor
  • Kostyshyna, Olena, author.
Description1 online resource ([i], 48 pages) : charts.
Catalogue number
  • FB3-5/2026-39E-PDF
Subject terms
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