Inflation targeting and pricelevelpath targeting in the global economy model Some open economy considerations.pdf英文资料.pdfVIP

Working Paper/Document de travail 2008-6 Inflation Targeting and Price-Level-Path Targeting in the GEM: Some Open Economy Considerations by Donald Coletti, René Lalonde, and Dirk Muir www.bank-banque-canada.ca Bank of Canada Working Paper 2008-6 March 2008 Inflation Targeting and Price-Level-Path Targeting in the GEM: Some Open Economy Considerations by Donald Coletti, René Lalonde, and Dirk Muir International Department Bank of Canada Ottawa, Ontario, Canada K1A 0G9 dcoletti@bankofcanada.ca rlalonde@bankofcanada.ca dmuir@bankofcanada.ca Bank of Canada working papers are theoretical or empirical works-in-progress on subjects in economics and finance. The views expressed in this paper are those of the authors. No responsibility for them should be attributed to the Bank of Canada. ISSN 1701-9397 © 2008 Bank of Canada Acknowledgements We would like to thank, without implication, Carlos De Resende, Wei Dong, Ippei Fujiwara, Robert Lafrance, Douglas Laxton, Warwick McKibbin, Rhys Mendes, Paolo Pesenti, Nooman Rebei, Lawrence Schembri, Yang Zhang and participants at the Reserve Bank of New Zealand workshop on “The Interface Between Monetary Policy and Macro Modelling”, held in March 2006; the IMF “Workshop on Open Economy Models for Policy Evaluation” held in April 2007;