H - Public Economics - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T10:19:49+00:00The Macroeconomic Effects of Military Buildups in a New Neoclassical Synthesis Framework
https://www.bankofcanada.ca/2003/04/working-paper-2003-12/
The authors study the macroeconomic consequences of large military buildups using a New Neoclassical Synthesis (NNS) approach that combines nominal rigidities within imperfectly competitive goods and labour markets. They show that the predictions of the NNS framework generally are consistent with the sign, timing, and magnitude of how hours worked, after-tax real wages, and output actually respond to an upsurge in military purchases.2003-04-01T16:37:55+00:00enThe Macroeconomic Effects of Military Buildups in a New Neoclassical Synthesis Framework2003-04-01Business fluctuations and cyclesEconomic modelsFiscal policyWorking Paper 2003-12 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp03-12.pdfThe Macroeconomic Effects of Military Buildups in a New Neoclassical Synthesis FrameworkAlain PaquetLouis PhaneufNooman RebeiApril 2003EE3E32E6E62HH2A Stochastic Simulation Framework for the Government of Canada's Debt Strategy
https://www.bankofcanada.ca/2003/04/working-paper-2003-10/
Debt strategy is defined as the manner in which a government finances an excess of government expenditures over revenues and any maturing debt issued in previous periods. The author gives a thorough qualitative description of the complexities of debt strategy analysis and then demonstrates that it is, in fact, a problem in stochastic optimal control.2003-04-01T11:39:36+00:00enA Stochastic Simulation Framework for the Government of Canada's Debt Strategy2003-04-01Debt managementEconometric and statistical methodsEconomic modelsWorking Paper 2003-10 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp03-10.pdfA Stochastic Simulation Framework for the Government of Canada’s Debt StrategyDavid BolderApril 2003CC0C1C15C5C52HH6H63