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9262 Results

A Small Dynamic Hybrid Model for the Euro Area

Staff Working Paper 2003-19 Ramdane Djoudad, Céline Gauthier
The authors estimate and solve a small structural model for the euro area over the 1983–2000 period. Given the assumption of rational expectations, the model implies a set of orthogonality conditions that provide the basis for estimating the model's parameter by generalized method of moments.
Content Type(s): Staff research, Staff working papers Topic(s): Monetary policy transmission JEL Code(s): E, E3, E31

Technological Change and the Education Premium in Canada: Sectoral Evidence

Staff Working Paper 2003-18 Jean Farès, Terence Yuen
It has been well documented that the education premium measured by the wage difference between university and high school graduates has remained constant over the past two decades in Canada. Despite this stable pattern at the aggregate level, skill-biased technology could have important implications for the inter-industry wage structure.
Content Type(s): Staff research, Staff working papers Topic(s): Labour markets JEL Code(s): J, J3, J31, O, O3, O30
June 18, 2003

Recent Economic Developments and the Conduct of Monetary Policy

Remarks David Dodge Metropolitan Halifax Chamber of Commerce Halifax, Nova Scotia
It's been a year since I last spoke in Halifax, and a lot has changed since then. We've witnessed some extraordinary events, both in Canada and around the world. On the whole, Canada's economy has withstood the turmoil quite well. The impact of some more recent events is not yet clear.
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