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008190715t20192019onca    ob   f000 0 eng d
040 |aCaOODSP|beng|erda|cCaOODSP
0410 |aeng|beng|bfre
0861 |aFB3-7/2019-21E-PDF
1001 |aDunbar, Geoffrey R., |eauthor.
24514|aThe effects of inflation targeting for financial development / |cby Geoffrey R. Dunbar and Amy (Qijia) Li.
264 1|aOttawa, Ontario, Canada : |bBank of Canada = Banque du Canada, |c[2019]
264 4|c©2019
300 |a1 online resource (ii, 11 pages) : |bcolour illustrations.
336 |atext|btxt|2rdacontent
337 |acomputer|bc|2rdamedia
338 |aonline resource|bcr|2rdacarrier
4901 |aStaff analytical note = Note analytique du personnel, |x2369-9639 ; |v2019-21
500 |aCover title.
504 |aIncludes bibliographical references.
5203 |a"The adoption of inflation targeting (IT) by central banks leads to an increase of 10 to 20 percent in measures of financial development, with a lag. We also find evidence that the financial sector benefits of IT adoption were higher for early-adopting central banks. Our results suggest that roughly 12 to 14 years after the Reserve Bank of New Zealand adopted inflation targeting in 1989, the benefits for financial development for new adopters ofinflation targeting may have been negligible"--Abstract, page ii.
546 |aIncludes abstracts in English and French.
69207|2gccst|aMonetary policy
7001 |aLi, Amy, |eauthor.
7102 |aBank of Canada.
830#0|aStaff analytical note ;|v2019-21.|w(CaOODSP)9.807323
85640|qPDF|s854 KB|uhttps://publications.gc.ca/collections/collection_2019/banque-bank-canada/FB3-7-2019-21-eng.pdf