Posts
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October 7, 2016
Business Outlook Survey - Autumn 2016
The autumn Business Outlook Survey provides some signs of improving business prospects, as resource-related activity appears to be gradually bottoming out and foreign demand is providing steady support to firms’ sales expectations. -
October 7, 2016
Senior Loan Officer Survey - Third-Quarter 2016
Survey results suggest that overall business-lending conditions were largely unchanged during the third quarter of 2016. -
October 6, 2016
Both progress and setbacks as economy adjusts, says Senior Deputy Governor Wilkins
The Canadian economy is undergoing important, complex adjustments following the drop in oil prices over the past two years and in the context of the longer trends of population aging and modest productivity growth, Senior Deputy Governor Carolyn Wilkins said today. -
October 6, 2016
Economic Trends and Monetary Policy
Senior Deputy Governor Carolyn Wilkins talks about the major trends of the Canadian economy and how they affect monetary policy. -
Interpreting Volatility Shocks as Preference Shocks
This paper examines the relationship between volatility shocks and preference shocks in an analytically tractable endogenous growth model with recursive preferences and stochastic volatility. I show that there exists an explicit mapping between volatility shocks and preference shocks, and a rise in volatility generates the same impulse responses of macroeconomic aggregates as a negative preference shock. -
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September 30, 2016
Research Update - September 2016
This monthly newsletter features the latest research publications by Bank of Canada economists including external publications and working papers published on the Bank of Canada’s website. -