Structural Inflation Models with Real Wage Rigidities: The Case of Canada Staff Working Paper 2009-21 Jean-Marie Dufour, Lynda Khalaf, Maral Kichian Real wage rigidities have recently been proposed as a way of building intrinsic persistence in inflation within the context of New Keynesian Phillips Curves. Using two recent illustrative structural models, we evaluate empirically the importance of real wage rigidities in the data and the extent to which such models provide useful information regarding price stickiness. Content Type(s): Staff research, Staff working papers Topic(s): Econometric and statistical methods, Inflation and prices, Labour markets JEL Code(s): C, C1, C13, C5, C52, E, E3, E31
July 10, 2009 Bank of Canada Announces Details of its Term Loan Facility Operation In accordance with the schedule of Term Loan Facility (TLF) auctions. Content Type(s): Press, Market notices
July 10, 2009 Bank of Canada Announces Details of its Term PRA Operation In accordance with the schedule of term purchase and resale agreement (PRA) auctions. Content Type(s): Press, Market notices
July 10, 2009 Bank of Canada Announces Details of its Term PRA for Private Sector Instruments Operation In accordance with the schedule of term purchase and resale agreement (PRA) auctions for private sector instruments. Content Type(s): Press, Market notices
July 10, 2009 Canada’s Financial Sector: Responses to the Global Crisis Presentation Paul Jenkins Colombian Banking Association Cartagena, Colombia Content Type(s): Press, Speeches and appearances, Presentations
July 9, 2009 Changes in Minimum Bank of Canada Nominal Bond Purchases at Auctions The Bank of Canada is reducing its purchases of nominal bonds at auctions to 5 per cent. Content Type(s): Press, Market notices
July 8, 2009 Results for the 8 July 2009 Term Loan Facility Results of today's TLF operation. Content Type(s): Press, Market notices
July 7, 2009 Results of the 7 July 2009 Term PRA Transaction for Private Sector Instruments Results of today's term PRA operations. Content Type(s): Press, Market notices
July 6, 2009 Results of the 6 July 2009 Term PRA Transaction Results of today's term PRA operations. Content Type(s): Press, Market notices
July 3, 2009 Bank of Canada Announces Details of its Term PRA Operation In accordance with the schedule of term purchase and resale agreement (PRA) auctions announced on 21 April (see schedule), the Bank of Canada announced today that it will conduct a term PRA operation. Content Type(s): Press, Market notices