Russell Barnett - Latest - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T09:31:27+00:00Making cents of wages
https://www.bankofcanada.ca/2019/01/making-cents-of-wages/
Ever wonder how your wages are determined? You’re not the only one who cares about your wages. At the Bank of Canada, we care about them a lot too.2019-01-31T11:00:59+00:00enMaking cents of wages2019-01-31Assessing the Impact of Demand Shocks on the US Term Premium
https://www.bankofcanada.ca/2018/07/staff-discussion-paper-2018-7/
During and after the Great Recession of 2008–09, conventional monetary policy in the United States and many other advanced economies was constrained by the effective lower bound (ELB) on nominal interest rates. Several central banks implemented large-scale asset purchase (LSAP) programs, more commonly known as quantitative easing or QE, to provide additional monetary stimulus.2018-07-17T10:09:06+00:00enAssessing the Impact of Demand Shocks on the US Term Premium2018-07-17Financial marketsInterest ratesMonetary policy frameworkMonetary policy implementationMonetary policy transmissionStaff Discussion Paper 2018-7https://www.bankofcanada.ca/wp-content/uploads/2018/07/sdp2018-7.pdfAssessing the Impact of Demand Shocks on the US Term PremiumRussell BarnettKonrad ZmitrowiczJuly 2018EE4E43E5E52E58E6E61E65GG1G12A Structural Interpretation of the Recent Weakness in Business Investment
https://www.bankofcanada.ca/2017/07/staff-analytical-note-2017-7/
Since 2012, business investment growth has slowed considerably in advanced economies, averaging a little less than 2 per cent versus the 4 per cent growth rates experienced in the period leading up to crisis. Several recent studies have attributed a large part of the weakness in business investment to cyclical factors, including soft aggregate demand, and, to a lesser degree, heightened uncertainty and tighter financial conditions.2017-07-04T08:05:54+00:00enA Structural Interpretation of the Recent Weakness in Business Investment2017-07-04A New Measure of the Canadian Effective Exchange Rate
https://www.bankofcanada.ca/2016/01/staff-discussion-paper-2016-1/
Canada’s international competitiveness has received increasing attention in recent years as exports have fallen short of expectations and Canada has lost market share. This paper asks whether the Bank of Canada’s current effective exchange rate measure, the CERI, is still an accurate measure of Canada’s international competitiveness.2016-01-20T10:00:43+00:00enA New Measure of the Canadian Effective Exchange Rate2016-01-20Exchange ratesInternational topicsStaff Discussion Paper 2016-1https://www.bankofcanada.ca/wp-content/uploads/2016/01/sdp2016-1.pdfA New Measure of the Canadian Effective Exchange RateRussell BarnettKaryne B. CharbonneauGuillaume Poulin-BellisleJanuary 2016FF1F3F31Decomposing Movements in U.S. Non-Energy Import Market Shares
https://www.bankofcanada.ca/2015/08/discussion-paper-2015-5/
Country market shares of U.S. non-energy imports have changed considerably since 2002, with varying volatility across three subperiods: pre-crisis (2002–07), crisis (2007–09) and post-crisis (2009–14). In this paper, we analyze market shares for four main trading partners of the United States (Canada, Mexico, China and Japan).2015-08-27T09:30:21+00:00enDecomposing Movements in U.S. Non-Energy Import Market Shares2015-08-27International topicsDiscussion Paper 2015-5https://www.bankofcanada.ca/wp-content/uploads/2015/08/dp2015-5.pdfDecomposing Movements in U.S. Non-Energy Import Market SharesRussell BarnettKaryne B. CharbonneauAugust 2015FF1F10F14F4Monitoring Short-Term Economic Developments in Foreign Economies
https://www.bankofcanada.ca/wp-content/uploads/2013/08/boc-review-summer13-barnett.pdf
The Bank of Canada uses several short-term forecasting models for the monitoring of key foreign economies - the United States, the euro area, Japan and China. The design of the forecasting models used for each region is influenced by the level of detail required, as well as the timeliness and volatility of data. Forecasts from different models are typically combined to mitigate model uncertainty, and judgment is applied to the model forecasts to incorporate information that is not directly reflected in the most recent indicators.2013-08-15T08:49:02+00:00enMonitoring Short-Term Economic Developments in Foreign Economies2013-08-15Trend Labour Supply in Canada: Implications of Demographic Shifts and the Increasing Labour Force Attachment of Women
https://www.bankofcanada.ca/wp-content/uploads/2010/06/barnett.pdf
While demographic change has been an ongoing process in Canada, labour market implications of an aging population will become more acute in coming years. This article discusses the anticipated slowing in the growth of trend labour input over the coming decades with the aging of the baby boomers, declining fertility rates, and the stabilization of the labour force attachment of women. As the pool of labour shrinks, employers and governments will be looking for ways to address barriers to continued labour force participation and firms will have a greater incentive to find ways of improving labour productivity.2007-06-17T10:26:35+00:00enTrend Labour Supply in Canada: Implications of Demographic Shifts and the Increasing Labour Force Attachment of Women2007-06-17