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- W3125325383 abstract "We examine models of flexible inflation forecast targeting. The target criteria from these models restrict the conditionally expected paths of inflation and output targeted by the central bank. We estimate and test these criteria for Canada, an early adopter of inflation targeting. We show that the Bank of Canada systematically balances inflation and economic activity over the medium term policy horizon consistent with flexible inflation targeting. Further, our results establish the usefulness of flexible inflation targeting rules as an alternative to standard Taylor rules." @default.
- W3125325383 created "2021-02-01" @default.
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- W3125325383 date "2011-11-30" @default.
- W3125325383 modified "2023-09-27" @default.
- W3125325383 title "Flexible Inflation Forecast Targeting: Evidence from Canada" @default.
- W3125325383 hasPublicationYear "2011" @default.
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