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9271 Results

Government Spending Multipliers Under the Zero Lower Bound: Evidence from Japan

Staff Working Paper 2017-40 Thuy Lan Nguyen, Dmitriy Sergeyev, Wataru Miyamoto
Using a rich data set on government spending forecasts in Japan, we provide new evidence on the effects of unexpected changes in government spending when the nominal interest rate is near the zero lower bound (ZLB).
Content Type(s): Staff research, Staff working papers Topic(s): Economic models, Fiscal policy JEL Code(s): E, E3, E32, E5, E6, E62
September 27, 2017

St. John’s Board of Trade - Speech (Webcasts)

The Meaning of “Data Dependence”: An Economic Progress Report - Stephen S. Poloz, the Governor of the Bank of Canada, speaks before the St. John’s Board of Trade (12:00 (ET) approx.)
September 27, 2017

St. John’s Board of Trade - Press Conference (Webcasts)

The Meaning of “Data Dependence”: An Economic Progress Report - Stephen S. Poloz, the Governor of the Bank of Canada, speaks before the St. John’s Board of Trade (12:55 (ET) approx.)

September 27, 2017

The Meaning of “Data Dependence”: An Economic Progress Report

Remarks Stephen S. Poloz St. John’s Board of Trade St. John's, Newfoundland and Labrador
Governor Stephen S. Poloz discusses how unknowns in Canada’s inflation outlook have made the Bank’s monetary policy particularly data dependent.
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