(Departemen Keuangan, Departemen Perdagangan, Badan Pemeriksa Keuangan, Badan Perentjanaan Pembangunan Nasional, Bank Sentral, Biro Pusat Statistik dan Badan Urusan Logistik) D. P. R.-R. I. pada masa reses persidangan ke-III, tahun sidang 1971-1972
I had joined Central Bank with a lot of hopes, but soon realized that expatriate
staff is seldom promoted and there is no annual raise in the salary packet. I have
a habit of reading the Sunday Times of India, to keep close to home and in one of
...
In recent years the Bank of Canada has made important changes in the way it conducts monetary policy. In particular, the bank has adopted explicit inflation targets and introduced significant changes to its operational framework designed to increase transparency and reduce market uncertainty. This paper examines the key issues associated with the recent changes in the Bank of Canada’s monetary policy framework and analyzes various indicators of central bank credibility.
9The response of the Bank of Canada to various types of shocks, higlighting the
role of central bank credibility, is discussed in Freedman (1996). The remainer of
this section roughly follows Freedman's arguments. 10Eika, Ericsson, and ...
