Three Essays on Inflation Targeting: An Application to Canada and the United States

Posted September 2nd, 2010 by immigratecanada and filed in Immigration to Canada

Product Description
This book tests various hypotheses about what variables the Bank of Canada and the U.S. Federal Reserve plan to target using monetary policy. Chapter 1 uses the Rowe and Yetman (2002) technique to test whether the US Federal Reserve is targeting inflation or growth rates in real Gross Domestic Product. Chapter 2 investigates whether there has been a provincial bias in monetary policy in Canada. Chapter 2 used the Rowe-Yetman technique to determi… More >>

Three Essays on Inflation Targeting: An Application to Canada and the United States