implication for economic policy has been the implementation of inflation targeting (IT). This paper critically raises a number of …

The causes of the "great inflation" of the sixteenth century have long been the subject of controversy. Since some …

, in most cases, the inflation rate. Fiscal policy should not be used as an instrument of stabilization policy. This raises … conclusions emerge: the empirical results point to a relatively weak effect of interest rate changes on inflation. Also, monetary …

countries have adopted the New Consensus Monetary Policy since the early 1990s in an attempt to reduce inflation to low levels … the central bank. The objective of these rules is to achieve specific, or a range of, inflation targets … framework -- 10. The experience of inflation targeting since 1993 -- 11. Reflections on the Bank of Canada's monetary policy …