Getting it Right When You Might Be Wrong: The Choice Between Price-Level and Inflation Targeting

Canada’s 2 percent inflation targeting program works pretty well – but could targeting the price level work even better, especially when inflation and the price level might not be perfectly observed?

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Year of publication:	2009
Authors:	Boivin, Jean
Published in:	C.D. Howe Institute Commentary. - C. D. Howe Institute. - 2009, 297
Publisher:	C. D. Howe Institute
Subject:	monetary policy \| price-level targeting \| inflation targeting \| Bank of Canada

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Extent:	application/pdf
Type of publication:	Article
Classification:	E31 - Price Level; Inflation; Deflation ; E52 - Monetary Policy (Targets, Instruments, and Effects) ; E58 - Central Banks and Their Policies
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008479203