Constraints on the Conduct of Canadian Monetary Policy in 1990s: Dealing with Uncertainty in Financial Markets.

This report presents a simple theorretical model that shows the quantitative impact of the increased interest rate premiums on economic performance. Some evidence is presented that suggests high Canadian interest rate premiums were an important factor explaining the general weakness of economic activity.

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Year of publication:	1997
Authors:	Clinton, K. ; Zelmer, M.
Institutions:	Bank of Canada
Subject:	MONETARY POLICY \| FINANCIAL MARKET

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Series:	Technical Reports.
Type of publication:	Book / Working Paper
Notes:	55 pages
Classification:	E50 - Monetary Policy, Central Banking and the Supply of Money and Credit. General ; E58 - Central Banks and Their Policies
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005808257