Scientific Conferences
New Perspectives on Monetary Policy Design
(jointly organized by Bank of Canada and CREI)
October 10-11, 2008
The conference was co-sponsored with the Bank of Canada and organized
by Robert Amano (Bank of Canada), Jordi Galí (CREI) and Rhys Mendes (Bank
of Canada). Its objective was to present recent frontier research exploring
some of the challenges facing central banks whose mandate focuses on achieving
price stability. The topics of the papers presented included the tradeoffs
between inflation and unemployment, the determination of the optimal inflation
target, disinflation under learning, the zero lower bound on interest
rates, and the redristibutional effects of alternative monetary policy
strategies.
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