Posts

• September 23, 1999

  Canada's economy as the year 2000 approaches

  Remarks Gordon Thiessen the Chamber of Commerce Regina, Saskatchewan

  It is always a pleasure to return and speak to people in my home province. This time, we are here for a meeting of the Bank of Canada's Board of Directors. Once a year, our Board meets outside Ottawa, in a different part of the country. This year, we are delighted to be in Regina.

  Content Type(s): Press, Speeches and appearances, Remarks
• September 23, 1999

  Bank of Canada Governor Speaks to the Regina Chamber of Commerce

  Media Relations Regina, Saskatchewan

  Canadians have good reason to be optimistic about the future, Bank of Canada Governor Gordon Thiessen told the Regina Chamber of Commerce today.

  Content Type(s): Press, Press releases

• The Information Content of Interest Rate Futures Options

  Staff Working Paper 1999-15 Des Mc Manus

  Options prices are being increasingly employed to extract market expectations and views about monetary policy. In this paper, eurodollar options are monitored to examine the evolution of market sentiment over the possible future values of eurodollar rates. Risk-neutral probability functions are employed to synopsize the information contained in the prices of euro/dollar futures options. Several […]

  Content Type(s): Staff research, Staff working papers Topic(s): Financial markets, Interest rates JEL Code(s): G, G1, G14

• The U.S. Capacity Utilization Rate: A New Estimation Approach

  Staff Working Paper 1999-14 René Lalonde

  The recent strengh of the U.S. economy and historically low rates of inflation have sparked considerable debate among economists and Federal Reserve officials. In order to better explain the recent behaviour of inflation, some observers have raised the concept of a non-accelerating inflation capacity utilization rate (NAICU). In this study, the author presents a new […]

  Content Type(s): Staff research, Staff working papers Topic(s): Business fluctuations and cycles JEL Code(s): E, E3, E32, E37

• Indicator Models of Core Inflation for Canada

  Staff Working Paper 1999-13 Richard Dion

  When there is uncertainty about estimates of the margin of unused capacity in the economy, examining a range of inflation indicators may help in assessing the balance of risks regarding the outlook for inflation. This paper tests a wide range of observable variables for their leading-indicator properties with respect to core inflation, including: commodity prices, […]

  Content Type(s): Staff research, Staff working papers Topic(s): Inflation and prices JEL Code(s): E, E3, E31, E37
• September 2, 1999

  Year 2000 and Contingency Arrangements for the Provision of Liquidity by the Bank of Canada

  Media Relations

  The financial sector is a crucial part of the Canadian economy and is well prepared for the year 2000.

  Content Type(s): Press, Press releases