Posts

• November 28, 2005

  Investing in Productivity

  Remarks David Dodge Canadian Council for Public-Private Partnerships Toronto, Ontario

  Measures of productivity tell us how much output we produce from the use of tangible inputs - such as skilled workers and capital equipment - and intangible inputs - such as technological advances and managerial and entrepreneurial know-how. Productivity rises over time as we boost output by finding new and more efficient ways to use these inputs.

  Content Type(s): Press, Speeches and appearances, Remarks
• November 28, 2005

  Governor Dodge Discusses Investing in Productivity

  Media Relations Toronto, Ontario

  Improving Canada's productivity performance requires more efficient allocation of labour and capital resources, and continued innovation in both products and production processes, Bank of Canada Governor David Dodge said today at a conference organized by the Canadian Council for Public-Private Partnerships.

  Content Type(s): Press, Press releases
• November 18, 2005

  Financial Frictions and the Macroeconomy Workshop

  Conference held on 18 and 19 November 2005 (papers in unedited, electronic format only)

  Content Type(s): Conferences and workshops
• November 14, 2005

  Inflation Targeting in Canada: Design, Lessons, and Challenges

  Remarks David Dodge Conference on the occasion of the 80th anniversary of the Banco de Mexico Mexico City, Mexico

  Today, I want to share with all of you Canada's perspective on the design of an inflation-targeting system, some of the lessons we have learned over almost 15 years of experience with explicit inflation targets, and some of the challenges that remain. This topic is timely, because the Bank of Canada's inflation-targeting agreement with the Canadian government is up for renewal next year, and I am pleased to note that, earlier today, the Government announced its intention to renew our agreement for another five years.

  Content Type(s): Press, Speeches and appearances, Remarks
• November 9, 2005

  Economic and Financial Efficiency: The Importance of Pension Plans

  Remarks David Dodge Association des MBA du Québec (AMBAQ) Montréal, Quebec

  Over the past year, I have spoken a number of times on the topic of efficiency, and why it is so important for Canadian policy-makers to keep in mind the goal of an efficient financial system. Today, I want to talk about Canada's system of pension plans and how they contribute to the efficiency of financial markets and of the economy as a whole.

  Content Type(s): Press, Speeches and appearances, Remarks
• November 9, 2005

  Governor Dodge Discusses Efficiency and the Importance of Pension Plans

  Media Relations Montréal, Quebec

  Canada's pension system should be strengthened so it can continue to play an important role in our economy and contribute to efficiency of financial markets, Bank of Canada Governor David Dodge said today.

  Content Type(s): Press, Press releases
• November 4, 2005

  International symposium of the Banque de France

  Remarks David Dodge International symposium of the Banque de France Paris, France

  As globalization intensifies, more and more regions are realizing the benefits of open trade and capital account liberalization. But with increased globalization also comes increased exposure to shocks originating outside each country's borders.

  Content Type(s): Press, Speeches and appearances, Remarks

• The Canadian Macroeconomy and the Yield Curve: An Equilibrium-Based Approach

  Staff Working Paper 2005-36 René Garcia, Richard Luger

  The authors develop and estimate an equilibrium-based model of the Canadian term structure of interest rates.

  Content Type(s): Staff research, Staff working papers Topic(s): Interest rates JEL Code(s): E, E4, E43, E44, E47, E5, E52

• Testing the Parametric Specification of the Diffusion Function in a Diffusion Process

  Staff Working Paper 2005-35 Fuchun Li

  A new consistent test is proposed for the parametric specification of the diffusion function in a diffusion process without any restrictions on the functional form of the drift function.

  Content Type(s): Staff research, Staff working papers Topic(s): Econometric and statistical methods, Interest rates JEL Code(s): C, C1, C12, C14

• The Exchange Rate and Canadian Inflation Targeting

  Staff Working Paper 2005-34 Christopher Ragan

  The author provides a non-technical explanation of the role played by the exchange rate in Canada's inflation-targeting monetary policy.

  Content Type(s): Staff research, Staff working papers Topic(s): Exchange rates, Inflation targets, Monetary policy implementation JEL Code(s): E, E5, E50, E52, F, F4, F41