1.
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The generation and implementation of ideas, or knowledge, is crucial for economic performance. We study this process in a model of endogenous growth with frictions. Produ[...]
2011 | Text | Staff Working Paper - Document de travail du personnel |
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2.
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Rising consumer prices may reflect shifts by consumers to new higher-priced products, mostly for durable and semi-durable goods. I apply Bils’ (2009) methodology to newly[...]
2013 | Text | Staff Working Paper - Document de travail du personnel |
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3.
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The international business cycle is very important for Latin America’s economic performance as the recent global crisis vividly illustrated. This paper investigates how c[...]
2012 | Text | Staff Working Paper - Document de travail du personnel |
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4.
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The long-run relation between growth and inflation has not yet been studied in the context of nominal price and wage rigidities, despite the fact that these rigidities no[...]
2012 | Text | Staff Working Paper - Document de travail du personnel |
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5.
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This paper examines the relationship between firm size and productivity. In contrast to previous studies, this paper offers evidence of the relationship not only from man[...]
2008 | Text | Staff Working Paper - Document de travail du personnel |
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6.
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This paper analyses the Canadian economy for the post 1960 period. It uses an accounting procedure developed in Chari, Kehoe, and McGrattan (2006). The procedure identifi[...]
2008 | Text | Staff Working Paper - Document de travail du personnel |
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7.
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In this paper we explore variables that may have an impact on multifactor productivity (MFP) in the long-run using the KLEMS database for Canada. We estimate a dynamic he[...]
2008 | Text | Staff Working Paper - Document de travail du personnel |
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8.
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Over the past 5 years, real energy and non-energy commodity prices have trended sharply higher. These relative price movements have had important implications for inflati[...]
2007 | Text | Staff Working Paper - Document de travail du personnel |
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9.
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The authors characterize the equilibrium for a small economy in a dynamic Heckscher-Ohlin model with uncertainty. They show that, when trade is balanced period-by-period,[...]
2006 | Text | Staff Working Paper - Document de travail du personnel |
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10.
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Conventional wisdom holds that institutional changes and trade liberalization are two main sources of growth in per capita income around the world. However, recent resear[...]
2006 | Text | Staff Working Paper - Document de travail du personnel |
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