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