Staff research, Publications
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Asking About Wages: Results from the Bank of Canada’s Wage Setting Survey of Canadian Companies
The Bank of Canada conducted a Wage Setting Survey with a sample of 200 private sector firms from mid-October 2007 to May 2008. Results indicate that wage adjustments for the Canadian non-union private workforce are overwhelmingly time dependent, with a fixed duration of one year, and are clustered in the first four months of the year, suggesting that wage stickiness may not be constant over the year. -
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January 30, 2013
Research Update - January 2013
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. -
Financial Development and the Volatility of Income
This paper presents a general equilibrium model with endogenous collateral constraints to study the relationship between financial development and business cycle fluctuations in a cross-section of economies with different sizes of their financial sector. -
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January 23, 2013
Monetary Policy Report – January 2013
Following an estimated 1.9 per cent in 2012, the Canadian economy is expected to grow by 2.0 per cent in 2013 and 2.7 per cent in 2014, and to reach full capacity in the second half of 2014, later than anticipated in the October Report. -
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January 14, 2013
Senior Loan Officer Survey - Fourth-Quarter 2012
The survey results indicate that there was virtually no change in overall business-lending conditions during the fourth quarter of 2012, following several consecutive quarters of easing in credit conditions.