This paper reviews selectively the literature on exchange rate target zones and corresponding methodologies and examines whether they can be used to analyse the inflation[...]

This paper provides a detailed empirical analysis of Canadian city housing prices. We examine the long‐run relationship between city house prices in Canada from 1985 to 2[...]

The authors provide a detailed empirical analysis of Canadian city housing prices. They examine the long-run relationship between city house prices in Canada from 1981 to[...]

We add downward nominal wage rigidity to a standard New Keynesian model where the zero lower bound on nominal interest rates is allowed to bind. Wage rigidity reduces the[...]

We examine the ability of the simple linear-quadratic model under rational expectations to explain dynamic behaviour of aggregate Canadian imports. In contrast to authors[...]

This paper examines the ability of the linear-quadratic model under rational expectations to explain the dynamic behaviour of broad money aggregates in Germany, Japan and[...]

In this paper the author examines whether there is significant evidence of the effect of adjustment costs on Canadian labour demand. This is an important question, as slu[...]

We examine whether there is a significant relationship between government and private consumption for Canada. We derive estimating equations between the two types of cons[...]

This paper summarizes the results of recent research evaluating the Bank of Canada's Quarterly Projection Model (QPM). Because QPM consists of a steady-state model and a [...]

This paper derives analytical gradients for a broad class of regime-switching models with Markovian state-transition probabilities. Such models are usually estimated by m[...]