Abeer Reza

Senior Analyst

Abeer Reza is a Senior Analyst in the International Economic Analysis Department at the Bank of Canada. His current research centers on the role of financial frictions in the transmission of business cycles. Abeer Reza received his PhD in economics from Carleton University.



Abeer Reza

Senior Analyst
International Economic Analysis
United States Division

Bank of Canada
234 Laurier Avenue West
Ottawa, ON, K1A 0G9


19 November 2015 Is Slower Growth the New Normal in Advanced Economies?

This article reviews and examines some of the main explanations for the slow growth that many advanced economies continue to experience seven years after the 2007–09 global financial crisis. Does this muted recovery reflect just a prolonged cycle in the aftermath of a financial crisis? Is it due to a structural inadequacy of demand leading to a long-lasting liquidity trap? Or is it largely supply side in nature, reflecting demographic and technological factors?

Quantitative Easing as a Policy Tool Under the Effective Lower Bound

Staff Discussion Paper 2015-14 Abeer Reza, Eric Santor, Lena Suchanek
This paper summarizes the international evidence on the performance of quantitative easing (QE) as a monetary policy tool when conventional policy rates are constrained by the effective lower bound (ELB). A large body of evidence suggests that expanding the central bank’s balance sheet through large-scale asset purchases can provide effective stimulus under the ELB.

International Transmission Channels of U.S. Quantitative Easing: Evidence from Canada

Staff Working Paper 2014-43 Tatjana Dahlhaus, Kristina Hess, Abeer Reza
The U.S. Federal Reserve responded to the great recession by reducing policy rates to the effective lower bound. In order to provide further monetary stimulus, they subsequently conducted large-scale asset purchases, quadrupling their balance sheet in the process.

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Other Research


  • Ph.D., Economics, Carleton University, 2013
  • M.A., Economics, Carleton University, 2005
  • B.B.A., Finance, Institute of Business Administration, Dhaka University, 2002

Research Interests

  • Macroeconomics
  • Monetary Economics
  • Time Series


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