Home > Publications and Research > Research > Author List > Stephen Snudden

Stephen Snudden

About Stephen Snudden

Photo not available

Bank of Canada publications

  1. The Propagation of U.S. Shocks to Canada: Understanding the Role of Real-Financial Linkages

    Working Paper 2010-40 - Kimberly Beaton, René Lalonde, Stephen Snudden

    This paper examines the transmission of U.S. real and financial shocks to Canada and, in particular, the role of financial frictions in affecting the transmission of these shocks. These questions are addressed within the Bank of Canada's Global Economy Model (de Resende et al. forthcoming), a dynamic stochastic general-equilibrium model with an active banking sector and a detailed role for financial frictions.

    Topic: Business fluctuations and cycles; Economic models; International topics

  2. Prospects for Global Current Account Rebalancing

    Discussion Paper 2010-4 - Kimberly Beaton, Carlos De Resende, René Lalonde, Stephen Snudden

    The authors use the Bank of Canada's version of the Global Economy Model, a multi-country, multi-sector dynamic stochastic general-equilibrium model with an active banking system (the BoC-GEM-FIN), to study the evolution of global current account balances following the recent global financial crisis.

    Topic: Balance of payments and components; Business fluctuations and cycles; International topics; Recent economic and financial developments

  3. The Power of Many: Assessing the Economic Impact of the Global Fiscal Stimulus

    Discussion Paper 2010-1 - Carlos De Resende, René Lalonde, Stephen Snudden

    The Bank of Canada Global Economy Model (BoC-GEM) is used to examine the effect of various types of discretionary fiscal policies on different regions of the globe. The BoC-GEM is a microfounded dynamic stochastic general-equilibrium global model with six regions, multiple sectors, and international linkages.

    Topic: Business fluctuations and cycles; Fiscal Policy; International topics; Recent economic and financial developments
Page 1 of 1
Copyright © 1995 - 2012, Bank of Canada. Terms of Use.