1.
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In this report, we describe methods for solving economic models when expectations are presumed to have at least some element of consistency with the predictions of the mo[...]
1995 | Text | Technical Report - Rapport technique |
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2.
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This report is the first documenting the Bank of Canada's new model of the Canadian economy, the Quarterly Projection Model (QPM). QPM is used at the Bank of Canada for b[...]
1994 | Text | Technical Report - Rapport technique |
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3.
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In this paper, we provide econometric evidence that suggests that the Canadian Phillips curve is non-linear. The non-linearity has two important characteristics. First, t[...]
1993 | Text | Staff Working Paper - Document de travail du personnel |
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4.
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This paper introduces the CORE model, a prototype for a new quarterly model of the Canadian economy, designed for projections and policy analysis with focus beyond the ve[...]
1992 | Text | Technical Report - Rapport technique |
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5.
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This report shows that extreme conditions and volatility in markets are much more likely to result from systematic policy errors in gauging and responding to inflationary[...]
1993 | Text | Technical Report - Rapport technique |
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6.
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We develop a five-region version (Canada, an oil exporter, the United States, emerging Asia and Japan plus the euro area) of the Global Economy Model (GEM) encompassing p[...]
2007 | Text | Staff Working Paper - Document de travail du personnel |
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7.
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In this paper, we report results of a Monte Carlo study designed to examine the power of direct tests for non-linearity. The example we use is the Phillips curve. We spec[...]
1993 | Text | Staff Working Paper - Document de travail du personnel |
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8.
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In an economy where both supply and demand shocks are at work, there will be considerable uncertainty associated with any estimates of potential output and the natural ra[...]
1992 | Text | Staff Working Paper - Document de travail du personnel |
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9.
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This paper examines techniques that have been used to estimate potential output and finds them wanting. We suggest a simple multivariate-filtering technique that is a gen[...]
1992 | Text | Technical Report - Rapport technique |
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