The workhorse DSGE model used for monetary policy evaluation is designed to capture business cycle fluctuations in an optimization-based format. It is commonplace to log-[...]

Dans cette étude, nous mesurons, à l'aide de données canadiennes, l'ampleur des révisions apportées aux estimations en temps réel de l'écart de production obtenues avec d[...]

The authors propose a monetary policy rule for the Terms-of-Trade Economic Model (ToTEM), the Bank of Canada's new projection and policy-analysis model for the Canadian e[...]

Recent work on policy rules under uncertainty has highlighted the impact of output-gap measurement errors on economic outcomes and their importance in the formulation of [...]

We use a novel approach to identify economic developments that drive exchange rates in the long run. Using a panel of six quarterly U.S. bilateral real exchange rates – A[...]