David Tulk
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View article: A Simple Test of Simple Rules: Can They Improve How Monetary Policy is Implemented with Inflation Targets?
A Simple Test of Simple Rules: Can They Improve How Monetary Policy is Implemented with Inflation Targets? Open
The authors evaluate whether an assortment of simple rules could improve how the Bank of Canada implements its inflation-targeting monetary policy. They focus on measuring the correlation between the deviations of inflation from the target…