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1.
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The Bank of Canada's version of the Global Economy Model (BoC-GEM) is derived from the model created at the International Monetary Fund by Douglas Laxton (IMF) and Paolo [...]
2007 | Text | Technical Report - Rapport technique |
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2.
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We examine the relative ability of simple inflation targeting (IT) and price level targeting (PLT) monetary policy rules to minimize both inflation variability and busine[...]
2012 | Text | Staff Working Paper - Document de travail du personnel |
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3.
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Using BoC-GEM-Fin, a large-scale DSGE model with real, nominal and financial frictions featuring a banking sector, we explore the macroeconomic implications of various ty[...]
2013 | Text | Staff Working Paper - Document de travail du personnel |
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4.
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The authors describe the principal results obtained from a new method applied to the estimation of potential U.S. GDP. This method derives from the work of Rennison (2002[...]
2002 | Text | Staff Working Paper - Document de travail du personnel |
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5.
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The authors explore the usefulness of macroeconomic models in analyzing global economic developments by examining movements in commodity prices between July 2007 and July[...]
2009 | Text | Staff Discussion Paper - Document d’analyse du personnel |
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6.
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The linkages between inflation and the economy's cyclical position are thought to be strongly affected by the credibility of monetary authorities. The author complements [...]
2005 | Text | Staff Working Paper - Document de travail du personnel |
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7.
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In the United States, the Federal Reserve has a dual mandate of promoting stable inflation and maximum employment. Since the Fed directly controls only one instrument—the[...]
2006 | Text | Staff Working Paper - Document de travail du personnel |
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8.
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The financial crisis of 2007–09 has highlighted the importance of developments in financial conditions for real economic activity. The authors estimate the effect of curr[...]
2009 | Text | Staff Discussion Paper - Document d’analyse du personnel |
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9.
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The authors develop simple econometric models to analyze and forecast two components of the Bank of Canada commodity price index: the Bank of Canada non-energy (BCNE) com[...]
2003 | Text | Staff Working Paper - Document de travail du personnel |
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10.
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This paper compares the performance of simple inflation targeting (IT) and price-level path targeting (PLPT) rules to stabilize the macroeconomy, in response to a series [...]
2008 | Text | Staff Working Paper - Document de travail du personnel |
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