F62 - Macroeconomic Impacts - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-28T08:41:59+00:00On the Wedge Between the PPI and CPI Inflation Indicators
https://www.bankofcanada.ca/2022/01/staff-working-paper-2022-5/
We find that the CPI and PPI inflation indexes co-moved strongly throughout the late 20th century, but their correlation has fallen substantially since the early 2000s. We offer a structural explanation for this divergence based on the growth of global supply chains since 2000. This finding offers a unique perspective for the future design of optimal monetary policy.2022-01-26T13:08:07+00:00enOn the Wedge Between the PPI and CPI Inflation Indicators2022-01-26Inflation and pricesInflation targetsInternational topicsMonetary policyStaff Working Paper 2022-5https://www.bankofcanada.ca/wp-content/uploads/2022/01/swp2022-5.pdfOn the Wedge Between the PPI and CPI Inflation IndicatorsShang-Jin WeiYinxi XieJanuary 2022EE3E31E5E52E58FF1F11F12F4F41F6F62The Impact of a Trade War: Assessment of the Current Tariffs and Alternative Scenarios
https://www.bankofcanada.ca/2019/07/staff-analytical-note-2019-20/
This note uses Charbonneau and Landry’s (2018) framework to assess the direct impact of the current trade tensions on the Canadian and global economies, as well as possible implications if the conflict escalates further. Overall, my findings show that the estimated impact of current tariffs on real gross domestic product (GDP) remains relatively small, which is in line with the literature on gains from trade, but the impact on trade is much larger.2019-07-03T11:49:49+00:00enThe Impact of a Trade War: Assessment of the Current Tariffs and Alternative Scenarios2019-07-03The Trade War in Numbers
https://www.bankofcanada.ca/2018/11/staff-working-paper-2018-57/
We build upon new developments in the international trade literature to isolate and quantify the long-run economic impacts of tariff changes on the United States and the global economy.2018-11-28T14:26:20+00:00enThe Trade War in Numbers2018-11-28Recent economic and financial developmentsTrade integrationStaff Working Paper 2018-57https://www.bankofcanada.ca/wp-content/uploads/2018/11/swp2018-57.pdfThe Trade War in NumbersKaryne B. CharbonneauAnthony LandryNovember 2018FF1F11F13F14F15F5F50F6F62F68Estimating the Impacts of Tariff Changes: Two Illustrative Scenarios
https://www.bankofcanada.ca/2018/09/staff-analytical-note-2018-29/
We build upon new developments in the international trade literature to construct a quantitative Ricardian framework similar to Caliendo and Parro (2015) to isolate and estimate the long-run economic impacts of tariff changes.2018-09-05T14:41:24+00:00enEstimating the Impacts of Tariff Changes: Two Illustrative Scenarios2018-09-05Understanding the Cross‐Country Effects of US Technology Shocks
https://www.bankofcanada.ca/2017/06/staff-working-paper-2017-23/
Business cycles are substantially correlated across countries. Yet most existing models are not able to generate substantial transmission through international trade. We show that the nature of such transmission depends fundamentally on the features determining the responsiveness of labor supply and labor demand to international relative prices.2017-06-19T09:21:13+00:00enUnderstanding the Cross‐Country Effects of US Technology Shocks2017-06-19Business fluctuations and cyclesEconomic modelsInternational topicsStaff Working Paper 2017-23https://www.bankofcanada.ca/wp-content/uploads/2017/06/swp2017-23.pdfUnderstanding the Cross‐Country Effects of US Technology ShocksThuy Lan NguyenWataru MiyamotoJune 2017EE3E30FF4F41F44F6F62