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January 11, 2010

Bank of Canada Review - Winter 2009-2010

Winter 2009-2010
Causes and consequences of declining inflation persistence in Canada; the evolution of capital flows to emerging-market economies (EMEs) and the need for EMEs to implement policies that support capital flows; making bank notes accessible for Canadians living with blindness or low vision, sharing assessments of the suite of accessibility features on the current series of bank notes and plans for the next series.

The Power of Many: Assessing the Economic Impact of the Global Fiscal Stimulus

Staff Discussion Paper 2010-1 Carlos De Resende, René Lalonde, Stephen Snudden
The Bank of Canada Global Economy Model (BoC-GEM) is used to examine the effect of various types of discretionary fiscal policies on different regions of the globe. The BoC-GEM is a microfounded dynamic stochastic general-equilibrium global model with six regions, multiple sectors, and international linkages.
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