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001 | 9.571566 |
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003 | CaOODSP |
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005 | 20211126112844 |
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007 | cr ||||||||||| |
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008 | 150406|2001||||xxc|||||o f|0| 0 eng|d |
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022 | |a1701-9397 |
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040 | |aCaOODSP|beng |
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043 | |an-cn--- |
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086 | 1 |aFB3-2/101-11E-PDF |
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110 | 2 |aBank of Canada. |
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245 | 10|aGaining credibility for inflation targets / |h[electronic resource]|cby James Yetman. |
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260 | |aOttawa - Ontario : |bBank of Canada |cJuly 2001. |
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300 | |a42p.|bgraphs, references |
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490 | 1 |aBank of Canada working paper|x1701-9397|v2001-11 |
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500 | |a"In this paper, I consider a simple model in which agents learn about the inflation target of a central bank over time by observing the policy instrument or inflation outcomes. Measuring credibility as the distance between the perceived target and the actual target, an increase in credibility is beneficial to the central bank because it brings the policy consistent with attaining the inflation target closer to that required to attain the output target."--Abstract. |
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500 | |aThe ISSN (1192-5434) for the print edition has been incorrectly copied in this electronic publication. |
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520 | 3 |aIn this paper, I consider a simple model in which agents learn about the inflation target of a central bank over time by observing the policy instrument or inflation outcomes. Measuring credibility as the distance between the perceived target and the actual target, an increase in credibility is beneficial to the central bank because it brings the policy consistent with attaining the inflation target closer to that required to attain the output target.--Abstract |
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546 | |aRésumé en français. |
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590 | |a11-19-Supp|b2011-09-23 |
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690 | 07|aInflation|2gcpds |
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690 | 07|aEconomic conditions|2gcpds |
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720 | 1 |aYetman, James |
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776 | 0#|tGaining credibility for inflation targets / |w(CaOODSP)9.615717 |
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830 | #0|aWorking paper (Bank of Canada)|x1701-9397|v2001-11|w(CaOODSP)9.504604 |
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856 | 40|ahttp://publications.gc.ca|qPDF|s185 KB|uhttps://publications.gc.ca/collections/Collection/FB3-2-101-11E.pdf|y2001-11 |
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