Posts
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Labour Markets, Liquidity, and Monetary Policy Regimes
We develop an equilibrium model of the monetary policy transmission mechanism that highlights information frictions in the market for money and search frictions in the market for labour. -
Supply Shocks and Real Exchange Rate Dynamics: Canadian Evidence
In this paper, we study the impact of supply shocks on the Canadian real exchange rate. We specify a structural vector-error-correction model that links the real exchange rate to different fundamentals. -
November 1, 2002
Price Adjustment and Monetary Policy
Proceedings of a conference held by the Bank of Canada, November 2002 (proceedings volume, available in electronic format only) -
October 24, 2002
Release of the Monetary Policy Report
The Canadian economy has been expanding strongly so far this year and is now operating fairly close to its full production capacity. Consumer price inflation has risen above the 2 per cent target and is expected to rise further before year-end because of high oil prices and a number of other relative price movements. -
October 23, 2002
Bank of Canada releases its October Monetary Policy Report
Today, the Bank of Canada released its October Monetary Policy Report, in which it discusses economic and financial trends in the context of Canada's inflation-control strategy. -
October 23, 2002
Monetary Policy Report – October 2002
Over the past year, Canada’s economy has outperformed the economies of virtually all the other major industrial countries. -
October 23, 2002
Opening Statement before the House of Commons Standing Committee on Finance
The Canadian economy has been expanding strongly so far this year and is now operating fairly close to its full production capacity. Consumer price inflation has risen above the 2 per cent target and is expected to rise further before year-end because of high oil prices and a number of other relative price movements. -
October 23, 2002
Release of the Monetary Policy Report
Today, we released our October Monetary Policy Report, in which we discuss economic and financial trends in the context of Canada's inflation-control strategy. -
October 17, 2002
Governor Discusses Role of Productivity in Canada's Prosperity
In this context, he focused on the critical role that higher productivity plays in supporting real income growth and improved standards of living over time.