Economic models

• Real-Financial Linkages in the Canadian Economy: An Input-Output Approach

  Staff Working Paper 2011-14 Danny Leung, Oana Secrieru

  The purpose of this paper is twofold. First, we provide a detailed social accounting matrix (SAM), which incorporates the income and financial flows into the standard input-output matrix, for the Canadian economy for 2004.

  Content Type(s): Staff research, Staff working papers Topic(s): Economic models, Financial markets, Sectoral balance sheet JEL Code(s): C, C6, C67, D, D5, D57

• Financial Factors and Labour Market Fluctuations

  Staff Working Paper 2011-12 Yahong Zhang

  What are the effects of financial market imperfections on unemployment and vacancies? Since standard DSGE models do not typically model unemployment, they abstract from this issue.

  Content Type(s): Staff research, Staff working papers Topic(s): Economic models, Financial markets, Labour markets JEL Code(s): E, E3, E32, E4, E44, J, J6

• Financial Spillovers Across Countries: The Case of Canada and the United States

  Staff Discussion Paper 2011-1 Kimberly Beaton, Brigitte Desroches

  The authors investigate financial spillovers across countries with an emphasis on the effect of shocks to financial conditions in the United States on financial conditions and economic activity in Canada. These questions are addressed within a global vector autoregression model.

  Content Type(s): Staff research, Staff discussion papers Topic(s): Business fluctuations and cycles, Economic models, Financial stability, International topics JEL Code(s): E, E2, E27, E3, E32, F, F3, F36, F4, F40