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Canadian inflation targeting

Paul Beaudry and Francisco Ruge‐Murcia
Authors registered in the RePEc Author Service: Francisco J. Ruge-Murcia ()

Canadian Journal of Economics/Revue canadienne d'économique, 2017, vol. 50, issue 5, 1556-1572

Abstract: This paper examines the intellectual environment in Canada that led to the adoption of inflation targets starting in 1991, reviews some of the Canadian contributions to the vast literature on inflation targeting and presents evidence in support of the view that the implementation of inflation targeting in Canada has been particularly successful when compared with the experiences of other inflation‐targeting countries and the US. Le ciblage canadien de l’inflation. Ce texte examine le contexte intellectuel au Canada qui a mené à l’adoption de cibles d’inflation à partir de 1991, passe en revue les contributions canadiennes à la vaste littérature sur le ciblage de l’inflation, et présente des résultats qui montrent que la mise en œ uvre du ciblage de l’inflation au Canada a été particulièrement réussie quand on compare l’expérience du Canada à celle d’autres pays qui ont utilisé d’autres formes de ciblage de l’inflation, et aux États‐Unis.

Date: 2017
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