John Murray : Re - examining Canada ’ s monetary policy framework – recent research and outstanding issues

نویسنده

  • John Murray
چکیده

Central banks were forced to use extraordinary policy measures to combat the macroeconomic consequences of the 2008–09 financial crisis. The experience also raised fundamental questions about existing monetary policy frameworks, causing central banks to revisit issues that were long thought to be resolved. Some critical observers even suggested that inflation targeting and the pursuit of price stability might be detrimental to financial stability and reduce economic welfare.

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تاریخ انتشار 2010