Change theme
Change theme

Search

Content Types

Topics

JEL Codes

Locations

Departments

Authors

Sources

Statuses

Published After

Published Before

9100 Results

October 6, 2016

Université du Québec à Trois-Rivières (UQTR) - Speech (Webcasts)

Economic trends and monetary policy - Senior Deputy Governor Carolyn Wilkins speaks before the Université du Québec à Trois-Rivières (UQTR). (11:50 (ET) approx.)

October 6, 2016

Economic Trends and Monetary Policy

Remarks Carolyn A. Wilkins Université du Québec à Trois-Rivières Trois-Rivières, Quebec
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

Staff Working Paper 2016-45 Shaofeng Xu
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.

Renaud St-Cyr

Renaud St-Cyr is a principal economist in the International Projection Division.
Go To Page