April 15, 2005 Governor Dodge Discusses How Canada is Adjusting to Global Economic Forces Media Relations New York, New York Bank of Canada Governor David Dodge said today that the Canadian economy is adjusting to powerful global forces and explained what the central bank is doing to help the adjustment process. Content Type(s): Press, Press releases
March 4, 2004 Bank of Canada Announces Research Fellowship Award for 2004 Media Relations Ottawa, Ontario The Bank of Canada today announced that Professor René Garcia, of the Université de Montréal, is the recipient of the Bank's Fellowship award for research for 2004. Content Type(s): Press, Press releases Source(s): Fellowship Program
September 25, 2007 Governor Dodge Discusses Recent Market Turbulence: Causes, Effects, and Lessons Media Relations Vancouver, British Columbia anadian money markets are functioning better after being affected by this summer's turbulence, but they are not yet back to normal, Bank of Canada Governor David Dodge said today in a speech to the Vancouver Board of Trade. Content Type(s): Press, Press releases
September 15, 2008 Bank of Canada issues statement on recent market developments Media Relations Ottawa, Ontario The Bank of Canada is closely monitoring global market developments. Content Type(s): Press, Press releases
September 3, 2008 Bank of Canada keeps overnight rate target at 3 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is maintaining its target for the overnight rate at 3 per cent. Content Type(s): Press, Press releases
July 13, 2006 Bank of Canada releases Monetary Policy Report Update Media Relations Ottawa, Ontario The Bank of Canada today released its July Monetary Policy Report Update, which discusses current economic and financial trends in the context of Canada's inflation-control strategy. Content Type(s): Press, Press releases
June 21, 2006 Governor Dodge Says Canadian Businesses Are Making Needed Adjustments Media Relations Montréal, Quebec Powerful developments and trends in the global economy mean that Canadian businesses need to make adjustments, Bank of Canada Governor David Dodge said today. Content Type(s): Press, Press releases
April 7, 2006 Bank of Canada Reassures Canada Savings Bond Payroll Savings Program Clients Following Successful Fraud Investigation Media Relations Ottawa, Ontario The Bank of Canada today expressed its satisfaction with the successful investigation by the RCMP and the Ottawa Police Service of an incidence of fraudulent activity related to a small number of Canada Savings Bond Payroll Savings Program accounts. Content Type(s): Press, Press releases
Predetermined Prices and the Persistent Effects of Money on Output Staff Working Paper 2001-13 Michael Devereux, James Yetman This paper illustrates a model of predetermined pricing, where firms set a fixed schedule of nominal prices at the time of price readjustment, based on the work of Fischer (1977). This type of price-setting specification cannot produce any excess persistence in a fixed-duration model of staggered prices, but we show that with a probabilistic model of price adjustment, as in Calvo (1983), a predetermined pricing specification can produce excess persistence. Content Type(s): Staff research, Staff working papers Topic(s): Monetary policy transmission JEL Code(s): E, E3, E30
Evaluating Linear and Non-Linear Time-Varying Forecast-Combination Methods Staff Working Paper 2001-12 Fuchun Li, Greg Tkacz This paper evaluates linear and non-linear forecast-combination methods. Among the non-linear methods, we propose a nonparametric kernel-regression weighting approach that allows maximum flexibility of the weighting parameters. Content Type(s): Staff research, Staff working papers Topic(s): Econometric and statistical methods JEL Code(s): C, C1, C14, C5, C53, E, E2, E27