Language selection

Government of Canada / Gouvernement du Canada

Search

The effects of inflation targeting for financial development / by Geoffrey R. Dunbar and Amy (Qijia) Li.: FB3-7/2019-21E-PDF

"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.

Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.876269&sl=0

Publication information
Department/Agency
  • Bank of Canada.
TitleThe effects of inflation targeting for financial development / by Geoffrey R. Dunbar and Amy (Qijia) Li.
Series title
  • Staff analytical note = Note analytique du personnel, 2369-9639 ; 2019-21
Publication typeMonograph - View Master Record
Language[English]
FormatDigital text
Electronic document
Note(s)
  • Cover title.
  • Includes bibliographical references.
  • Includes abstracts in English and French.
Publishing information
  • Ottawa, Ontario, Canada : Bank of Canada = Banque du Canada, [2019]
  • ©2019
Author / Contributor
  • Dunbar, Geoffrey R., author.
  • Li, Amy, author.
Description1 online resource (ii, 11 pages) : colour illustrations.
Catalogue number
  • FB3-7/2019-21E-PDF
Subject terms
Request alternate formats
To request an alternate format of a publication, complete the Government of Canada Publications email form. Use the form’s “question or comment” field to specify the requested publication.

Page details

Report a problem or mistake on this page
Date modified: