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Bank of Canada RSS Feedsen2024-03-29T04:36:52+00:00The NAIRU in Canada: Concepts, Determinants and Estimates
https://www.bankofcanada.ca/1988/12/technical-report-no50/
An important question that faces macroeconomic policy makers is whether the economy can absorb increases in aggregate demand without generating inflationary pressures. Many economists have found it useful to approach this issue by asking whether the economy is operating at a rate of unemployment consistent with inflation neither accelerating nor decelerating, all else being equal. […]1988-12-13T14:35:22+00:00enThe NAIRU in Canada: Concepts, Determinants and Estimates1988-12-13Labour marketsDavid RoseDecember 1988EE2E24An Analysis of the Information Content of Alternative Credit Aggregates
https://www.bankofcanada.ca/1988/06/technical-report-no49/
This study evaluates the information content of 25 measures of credit with respect to three macroeconomic variables—nominal spending, real spending and prices. Initially, simple descriptive techniques are used to assess the contemporaneous and leading relationships between the credit aggregates and the three goal variables. Next, bivariate vector autoregression models are constructed by regressing each of […]1988-06-13T12:28:25+00:00enAn Analysis of the Information Content of Alternative Credit Aggregates1988-06-13Credit and credit aggregatesLeslie MiltonJune 1988EE5E51