The 21st Century Credibility Problem

5 Aug 2021

Our keynote speaker, Narayana Kocherlakota, argues for the asymmetry of central bank credibility

Going Beyond the Inflation-Targeting Mantra: A Dual Mandate

23 Apr 2021

Every five years over the last three decades, the Government of Canada goes through a ritual of renewing the mandate of its central bank. To most Canadians, this renewal process must be somewhat...

Time to Change the Bank of Canada’s Mandate

23 Apr 2021

In 2019, New Zealand created a formal monetary policy committee and enshrined the dual mandate (price stability and full employment) into their law and the policy targets agreement between the...

‘Are we going to be able to pull this off?’: How the Bank of Canada doused a financial fire last spring | The Globe and Mail

Published: 9 March 2021

March 27, 2021 | In this Globe and Mail article, Max Bell School Director Chris Ragan weighs in on the Bank of Canada's role in pandemic economic recovery, discussing monetary policy topics...

The History of Inflation Targeting and the Case for Maintaining the Status Quo

18 Feb 2021

Michelle Alexopolous argues that the evidence in favour of the various alternatives is not yet strong enough to justify the risks involved in abandoning the status quo.

Clouded in Uncertainty: Pursuing Financial Stability with Monetary Policy

9 Feb 2021

Sylvain Leduc of the Federal Reserve Bank of San Francisco on the merits of incorporating asset prices into the inflation targeting framework.

Nominal GDP Level Targeting

3 Feb 2021

Steve Ambler and Nicholas Rowe discuss the consequences of prioritizing the nominal GDP over the rate of inflation.

The Case for Raising the Bank of Canada’s Inflation Target

26 Jan 2021

Luba Petersen and Shannons Wells make the case for a higher rate of inflation, with Michael Devereux as a discussant.

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