Endogenous Central Bank Credibility in a Small Forward-Looking Model of the U.S. Economy Staff Working Paper 2005-16 René Lalonde The linkages between inflation and the economy's cyclical position are thought to be strongly affected by the credibility of monetary authorities. Content Type(s): Staff research, Staff working papers Topic(s): Econometric and statistical methods, Inflation and prices, Monetary policy transmission JEL Code(s): C, C3, C32, E, E5, E52
May 30, 2005 Reflections on the International Economic and Monetary Order Remarks David Dodge la Conférence de Montréal Montréal, Quebec Up to now, world capital markets have been managing these imbalances in a reasonably smooth way. In the short term, it is reasonable to expect that they will continue to do so. But over the medium term, imbalances of this magnitude are not sustainable. Content Type(s): Press, Speeches and appearances, Remarks
May 30, 2005 Governor Dodge Examines How Countries Can Help Resolve Global Imbalances Media Relations Montréal, Quebec Mr. Dodge cited the promotion of flexible markets, the creation and maintenance of a sound financial system, and the pursuit of sound fiscal and monetary policies as priorities for policy-makers worldwide. Content Type(s): Press, Press releases
May 27, 2005 70 Years of Central Banking in Canada Remarks David Dodge Canadian Economics Association Hamilton, Ontario The Bank opened its doors on 11 March 1935, at the height of the Great Depression, and immediately faced enormous challenges. In meeting those challenges, the new Bank of Canada drew on the experience of other, established central banks. It received valuable guidance in functions such as the issuance of bank notes, managing foreign exchange reserves, and promoting financial stability. Content Type(s): Press, Speeches and appearances, Remarks
May 25, 2005 Bank of Canada keeps target for the overnight rate at 2 1/2 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is maintaining its target for the overnight rate at 2 1/2 per cent. Content Type(s): Press, Press releases
May 19, 2005 Bank of Canada announces the publication of the first issue of the International Journal of Central Banking Media Relations The Bank of Canada, along with the other sponsoring organizations1 of the International Journal of Central Banking (IJCB), today announced the publication of the journal's first issue and the launch of a website, hosted by the Bank for International Settlements. Content Type(s): Press, Press releases
May 18, 2005 Bank of Canada Issues Upgraded $10 Bank Note Media Relations Ottawa, Ontario The Bank of Canada today put into circulation an upgraded $10 bank note with enhanced security features. The design, colour, and theme (Remembrance and Peacekeeping) of the upgraded $10 note are the same as those of the previously issued $10 note from the Canadian Journey series. Content Type(s): Press, Press releases
May 17, 2005 Bank of Canada announces reallocation of Deputy Governor responsibilities Media Relations Ottawa, Ontario Bank of Canada Governor David Dodge and Senior Deputy Governor Paul Jenkins today announced a reallocation of responsibilities among several Deputy Governors. Content Type(s): Press, Press releases
May 17, 2005 Bank of Canada announces senior management appointments Media Relations Ottawa, Ontario Bank of Canada Governor David Dodge and Senior Deputy Governor Paul Jenkins, on behalf of the Board of Directors, today announced a number of new appointments to the senior management team. Content Type(s): Press, Press releases
May 6, 2005 Governor Dodge Discusses How Canada Is Adjusting to Global Economic Forces Media Relations Ottawa, Ontario Bank of Canada Governor David Dodge said today that Canada's economy is adjusting to powerful forces at work in the global economy, including the emergence of China and India as economic powerhouses, large and growing current account imbalances in the United States and Asia, rising commodity prices, and movements in exchange rates, including Canada's dollar. Content Type(s): Press, Press releases