Sharon Kozicki - Latest

• Making It Real: Bringing Research Models into Central Bank Projections

  Staff Discussion Paper 2023-29 Marc-André Gosselin, Sharon Kozicki

  Macroeconomic projections and risk analyses play an important role in guiding monetary policy decisions. Models are integral to this process. This paper discusses how the Bank of Canada brings research models and lessons learned from those models into the central bank projection environment.

  Content Type(s): Staff research, Staff discussion papers Topic(s): Economic models, Monetary policy JEL Code(s): C, C3, C32, C5, C51, E, E3, E37, E4, E47, E5, E52
• September 19, 2023

  Household differences and monetary policy

  Speech summary Sharon Kozicki University of Regina Regina, Saskatchewan

  Deputy Governor Sharon Kozicki talks about how differences in debt, income and savings across households shaped their experience through the COVID-19 pandemic and how this is affecting monetary policy now.

  Content Type(s): Press, Speeches and appearances, Speech summaries Topic(s): Housing, Inflation and prices, Interest rates, Monetary policy transmission, Price stability
• September 19, 2023

  Speech: University of Regina

  

  

  How household differences have affected monetary policy since the onset of the Covid-19 pandemic — Deputy Governor Sharon Kozicki speaks at the University of Regina. (14:00 (ET) approx.).

  Content Type(s): Press, Speeches and appearances, Webcasts
• September 19, 2023

  Rebalancing the economy while managing risks

  Remarks Sharon Kozicki University of Regina Regina, Saskatchewan

  Bank of Canada Deputy Governor Sharon Kozicki talks about how household differences have affected the way that monetary policy is transmitted. She also discusses how the Bank is considering the role of mortgage interest costs in inflation.

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Housing, Inflation and prices, Interest rates, Monetary policy transmission, Price stability
• May 18, 2023

  Financial System Review—2023

  

  Tiff Macklem, Carolyn Rogers, Paul Beaudry, Toni Gravelle, Sharon Kozicki, Nicolas Vincent

  The adjustment to higher interest rates is exposing vulnerabilities in the global financial system. Recent banking sector stresses serve as a reminder that risks can arise and spread quickly. Key areas of concern are bank funding, liquidity in fixed income markets, and households’ ability to service their debts. Other financial system concerns relate to cyber attacks, climate change and cryptoasset markets.

  Content Type(s): Publications, Financial Stability Report

• Summaries of Central Bank Policy Deliberations: A Canadian Context

  Staff Discussion Paper 2023-2 Monica Jain, Walter Muiruri, Jonathan Witmer, Sharon Kozicki, Jeremy Harrison

  This paper provides the context, rationale and key considerations that informed the Bank of Canada’s decision to publish a summary of monetary policy deliberations. It includes an analysis of how other central banks disclose minutes and summaries of their monetary policy deliberations.

  Content Type(s): Staff research, Staff discussion papers Topic(s): Monetary policy communications JEL Code(s): D, D8, D83, E, E5, E58