Why is Canada's Price Level So Predictable? /
One of the pioneers of inflation targeting (IT), the Bank of Canada is now considering a possibility of switching to price-level-path targeting (PLPT), where past deviations of inflation from the target would have to be offset in the future, bringing the price level back to a predetermined path. Thi...
| Main Author: | Klyuev, Vladimir |
|---|---|
| Other Authors: | Kamenik, Ondrej, Kiem, Heesun, Laxton, Douglas |
| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
2008.
|
| Series: | IMF Working Papers; Working Paper ;
No. 2008/025 |
| Online Access: | Full text available on IMF |
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