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| 02039cam 2200385zi 4500 |
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| 001 | 9.883471 |
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| 003 | CaOODSP |
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| 005 | 20221107170600 |
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| 006 | m o d f |
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| 007 | cr |n||||||||| |
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| 008 | 200113t20192019oncd ob f000 0 eng d |
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| 040 | |aCaOODSP|beng|erda|cCaOODSP |
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| 041 | |aeng|bfre |
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| 043 | |an-cn--- |
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| 086 | 1 |aFB3-5/2019-52E-PDF |
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| 100 | 1 |aMatveev, Dmitry, |eauthor. |
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| 245 | 10|aMonetary policy and government debt dynamics with commitment / |cby Dmitry Matveev. |
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| 264 | 1|aOttawa : |bBank of Canada, |c2019. |
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| 264 | 4|c©2019 |
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| 300 | |a1 online resource (ii, 50 pages) : |bfigures. |
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| 336 | |atext|btxt|2rdacontent |
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| 337 | |acomputer|bc|2rdamedia |
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| 338 | |aonline resource|bcr|2rdacarrier |
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| 490 | 1 |aBank of Canada staff working paper, |x1701-9397 ; |v2019-52 |
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| 500 | |a"December 2019." |
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| 504 | |aIncludes bibliographical references (pages 30-33). |
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| 520 | |a"It is well known that the global economic downturn of 2008–2009 and subsequent fiscal stimulus left many advanced economies with unprecedented levels of government debt. It is also well known that monetary policy plays an important role in government debt dynamics. This creates concerns that central banks might use their influence over inflation and the price of government bonds to reduce the burden of government debt. Moreover, such policy bias is more likely to emerge when a central bank conducts policy period by period without binding itself to a preset course of actions. This paper examines the validity of such concerns"--page 1. |
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| 546 | |3Includes abstract in French. |
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| 650 | 0|aMonetary policy|xMathematical models. |
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| 650 | 0|aDebts, Public. |
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| 650 | 6|aPolitique monétaire|xModèles mathématiques. |
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| 650 | 6|aDettes publiques. |
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| 710 | 2 |aBank of Canada. |
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| 830 | #0|aStaff working paper (Bank of Canada)|v2019-52.|w(CaOODSP)9.806221 |
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| 856 | 40|qPDF|s1.61 MB|uhttps://publications.gc.ca/collections/collection_2020/banque-bank-canada/FB3-5-2019-52-eng.pdf |
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