E22 - Capital; Investment; Capacity - Bank of Canada
https://www.bankofcanada.ca/rss-feeds/
Bank of Canada RSS Feedsen2024-03-28T18:53:42+00:00Real and Nominal Frictions within the Firm: How Lumpy Investment Matters for Price Adjustment
https://www.bankofcanada.ca/2009/12/working-paper-2009-36/
Real rigidities are an important feature of modern sticky price models and are policy-relevant because of their welfare consequences, but cannot be structurally identified from time series. I evaluate the plausibility of capital specificity as a source of real rigidities using a two-dimensional generalized (s,S) model calibrated to micro evidence.2009-12-15T16:03:27+00:00enReal and Nominal Frictions within the Firm: How Lumpy Investment Matters for Price Adjustment2009-12-15Monetary policy transmissionWorking Paper 2009-36 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp09-36.pdfReal and Nominal Frictions within the Firm: How Lumpy Investment Matters for Price AdjustmentMichael K. JohnstonDecember 2009EE1E12E2E22E3E31Uninsurable Investment Risks and Capital Income Taxation
https://www.bankofcanada.ca/2009/01/working-paper-2009-3/
This paper studies the capital accumulation and welfare implications of reducing capital income taxation in a general equilibrium economy with uninsurable investment risks.2009-01-01T15:53:55+00:00enUninsurable Investment Risks and Capital Income Taxation2009-01-01Economic modelsWorking Paper 2009-3 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp09-3.pdfUninsurable Investment Risks and Capital Income Taxation Césaire MehYaz TerajimaJanuary 2009EE2E21E22E6E62GG3G32HH2H24H25