E6 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-28T16:43:07+00:00Aggregate and Welfare Effects of Redistribution of Wealth Under Inflation and Price-Level Targeting
https://www.bankofcanada.ca/2008/09/working-paper-2008-31/
Since the work of Doepke and Schneider (2006a) and Meh and Terajima (2008), we know that inflation causes major redistribution of wealth – between households and the government, between nationals and foreigners, and between households within the same country.2008-09-12T12:16:07+00:00enAggregate and Welfare Effects of Redistribution of Wealth Under Inflation and Price-Level Targeting2008-09-12Economic modelsInflation and pricesInflation targetsInflation: costs and benefitsMonetary policy frameworkSectoral balance sheetWorking Paper 2008-31https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp08-31.pdfAggregate and Welfare Effects of Redistribution of Wealth Under Inflation and Price-Level TargetingCésaire MehJosé-Víctor Ríos-RullYaz TerajimaSeptember 2008DD3D31EE2E21E3E31E4E44E5E52E6E63The Welfare Implications of Fiscal Dominance
https://www.bankofcanada.ca/2008/09/working-paper-2008-28/
This paper studies the interdependence between fiscal and monetary policy in a DSGE model with sticky prices and non-zero trend inflation. We characterize the fiscal and monetary policies by a rule whereby a given fraction k of the government debt must be backed by the discounted value of current and future primary surpluses.2008-09-02T11:08:46+00:00enThe Welfare Implications of Fiscal Dominance2008-09-02Economic modelsFiscal policyInflation: costs and benefitsMonetary policy frameworkWorking Paper 2008-28 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp08-28.pdfThe Welfare Implications of Fiscal DominanceCarlos De ResendeNooman RebeiSeptember 2008EE3E31E4E42E5E50E6E63Driving Forces of the Canadian Economy: An Accounting Exercise
https://www.bankofcanada.ca/2008/05/working-paper-2008-14/
This paper analyses the Canadian economy for the post 1960 period. It uses an accounting procedure developed in Chari, Kehoe, and McGrattan (2006). The procedure identifies accounting factors that help align the predictions of the neoclassical growth model with macroeconomic variables observed in the data.2008-05-12T12:23:45+00:00enDriving Forces of the Canadian Economy: An Accounting Exercise2008-05-12Labour marketsPotential outputProductivityWorking Paper 2008-14 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp08-14.pdfDriving Forces of the Canadian Economy: An Accounting ExerciseSimona CociubaAlexander UeberfeldtMay 2008EE2E24E6E65OO4O41O5O51A Wave of Protectionism? An Analysis of Economic and Political Considerations
https://www.bankofcanada.ca/2008/01/working-paper-2008-2/
In light of the U.S. current account deficit, pressure is high on Asian countries to revalue their currencies. The calls from some U.S. policymakers for tariffs on imports from China has sparked fears that this could trigger a world-wide surge in protectionism.2008-01-22T15:08:49+00:00enA Wave of Protectionism? An Analysis of Economic and Political Considerations2008-01-22International topicsRecent economic and financial developmentsRegional economic developmentsWorking Paper 2008-2 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp08-2.pdfA Wave of Protectionism? An Analysis of Economic and Political ConsiderationsPhilipp MaierJanuary 2008EE6E66FF3F32F4F47