Responses of Various Econometric Models to Selected Policy Shocks Technical Report No. 38 Brian O'Reilly, Graydon Paulin, Philip Smith In July, 1982 a seminar was held in Ottawa to compare the responses of nine major econometric models to a previously specified set of shocks to the Canadian economy. At the seminar, which was sponsored by the Bank of Canada and the Department of Finance, participants presented the results of their simulations and discussed the […] Content Type(s): Staff research, Technical reports Topic(s): Economic models JEL Code(s): C, C5, C52, E, E1, E17
September 19, 2000 Bank of Canada to adopt fixed dates for announcing Bank Rate changes Media Relations Ottawa, Ontario The Bank of Canada today outlined details of its plan to adopt a system of eight “fixed” or pre-specified dates each year for announcing any changes to the official interest rate it uses to implement monetary policy—the rate of interest it charges on short-term loans to financial institutions. Content Type(s): Press, Press releases
May 17, 2000 Bank of Canada Raises Target Overnight Rate by ½ Percentage Point to 5¾ Per Cent Media Relations Ottawa, Ontario The Bank of Canada raised its target for the overnight rate by one-half of one percentage point to 5¾ per cent. The operating band for the overnight rate was correspondingly increased, and the Bank Rate is now 6 per cent. Content Type(s): Press, Press releases
Une analyse empirique du lien entre la productivité et le taux de change réel Canada-É-U Staff Working Paper 2000-22 David Dupuis, David Tessier The relative productivity gap between Canada and the United States is a controversial subject matter. One argument especially contentious in this debate stems from the belief that the gradual depreciation of the Canadian dollar over the last 20 years has been one of the determinants of the productivity gap. Content Type(s): Staff research, Staff working papers