{"id":9756,"date":"2010-02-18T13:25:33","date_gmt":"2010-02-18T17:25:33","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=9756"},"modified":"2010-02-18T13:25:33","modified_gmt":"2010-02-18T17:25:33","slug":"boc-releases-winter-2009-10-review","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=9756","title":{"rendered":"BoC Releases Winter 2009-10 Review"},"content":{"rendered":"<p>The Bank of Canada <a href=\"http:\/\/www.bankofcanada.ca\/en\/review\/rev_winter2009-2010.html\">has released<\/a> the <a href=\"http:\/\/www.bankofcanada.ca\/en\/review\/winter09-10\/review_winter09-10.pdf\">Bank of Canada Review Winter 2009-2010<\/a>, with articles:<\/p>\n<ul>\n<li>Declining Inflation Persistence in Canada: Causes and Consequences\n<li>The Evolution of Capital Flows to Emerging-Market Economies\n<li>Making Bank Notes Accessible for Canadians Living with Blindness or Low Vision<\/ul>\n<p>Inflation persistence is defined as<\/p>\n<blockquote><p>the correlation between current and lagged inflation.<\/p><\/blockquote>\n<p>The article concludes that the low level of inflation persistence in Canada will facilitate <a href=\"http:\/\/www.prefblog.com\/?p=7804\">Price Level Targetting<\/a>, should be BoC implement such a policy:<\/p>\n<blockquote><p>For a central bank considering the relative merits of price-level versus inflation targeting, recent research suggests that low structural persistence in inflation will tend to favour the former. Moreover, the transition period to a price-level-targeting regime, when the private sector may still be learning about the precise nature of the change, appears to be less costly when structural infl ation persistence is low.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>The Bank of Canada has released the Bank of Canada Review Winter 2009-2010, with articles: Declining Inflation Persistence in Canada: Causes and Consequences The Evolution of Capital Flows to Emerging-Market Economies Making Bank Notes Accessible &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-9756","post","type-post","status-publish","format-standard","hentry","category-interesting-external-papers"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/9756","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9756"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/9756\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9756"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9756"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9756"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}