E31 - Price Level; Inflation; Deflation - Bank of Canada
https://www.bankofcanada.ca/rss-feeds/
Bank of Canada RSS Feedsen2024-03-28T11:55:25+00:00A Survey of Consumer Expectations for Canada
https://www.bankofcanada.ca/wp-content/uploads/2015/11/boc-review-autumn15-gosselin.pdf
The Bank of Canada recently launched a quarterly survey to measure the expectations of Canadian households: the Canadian Survey of Consumer Expectations (CSCE). The data collected provide comprehensive information about consumer expectations for and uncertainty about inflation, the labour market and household finance. This article describes the CSCE and illustrates its potential to offer rich information about Canadian consumers for researchers and policy-makers.2015-11-19T10:45:11+00:00enA Survey of Consumer Expectations for Canada2015-11-19Measuring Durable Goods and Housing Prices in the CPI: An Empirical Assessment
https://www.bankofcanada.ca/wp-content/uploads/2015/11/boc-review-autumn15-sabourin.pdf
While the CPI is the most commonly used measure to track inflation, it is not fully consistent with a true cost-of-living index (COLI). Although the official treatment of durable goods and housing in the CPI represents an acceptable compromise in the current environment of low and stable inflation, Sabourin and Duguay suggest that it would be worthwhile to consider treating housing and durables in the same way and bringing the actual CPI closer to a COLI. This could be accomplished by employing an enhanced user-cost approach to calculate the imputed cost of the services provided by the use of durable goods or housing.2015-11-19T10:40:55+00:00enMeasuring Durable Goods and Housing Prices in the CPI: An Empirical Assessment2015-11-19A Comprehensive Evaluation of Measures of Core Inflation for Canada
https://www.bankofcanada.ca/2015/10/discussion-paper-2015-12/
This paper evaluates the usefulness of various measures of core inflation for the conduct of monetary policy. Traditional exclusion-based measures of core inflation are found to perform relatively poorly across a range of evaluation criteria, in part due to their inability to filter unanticipated transitory shocks.2015-10-27T09:54:20+00:00enA Comprehensive Evaluation of Measures of Core Inflation for Canada2015-10-27Inflation and pricesMonetary policy frameworkDiscussion Paper 2015-12https://www.bankofcanada.ca/wp-content/uploads/2015/10/dp2015-12.pdfA Comprehensive Evaluation of Measures of Core Inflation for CanadaMikael KhanLouis MorelPatrick SabourinOctober 2015EE3E31E5E52Exchange Rate Pass-Through to Consumer Prices: Theory and Recent Evidence
https://www.bankofcanada.ca/2015/10/discussion-paper-2015-9/
In an open economy such as Canada’s, exchange rate movements can have a material impact on consumer prices. This is particularly important in the current context, with the significant depreciation of the Canadian dollar vis-a-vis the U.S. dollar since late 2012.2015-10-20T14:11:21+00:00enExchange Rate Pass-Through to Consumer Prices: Theory and Recent Evidence2015-10-20Exchange ratesInflation and pricesDiscussion Paper 2015-9https://www.bankofcanada.ca/wp-content/uploads/2015/10/dp2015-91.pdfExchange Rate Pass-Through to Consumer Prices: Theory and Recent EvidenceLaurence Savoie-ChabotMikael KhanOctober 2015EE3E31E5E52FF3F31Inflation Dynamics in the Post-Crisis Period
https://www.bankofcanada.ca/wp-content/uploads/2015/05/boc-review-spring15-friedrich.pdf
Inflation rates in advanced economies experienced two consecutive puzzles during the period following the global financial crisis—unexpectedly high inflation from the end of 2009 to 2011 and unexpectedly low inflation from 2012 to the middle of 2014. We investigate these developments in two ways. First, we show that accounting for inflation expectations by households explains a significant share of the inflation puzzles at the international level. Second, we find that, for Canada, elevated competition in the retail sector is also important for understanding inflation dynamics in the post-crisis period.2015-05-14T10:29:36+00:00enInflation Dynamics in the Post-Crisis Period2015-05-14Measuring Potential Output at the Bank of Canada: The Extended Multivariate Filter and the Integrated Framework
https://www.bankofcanada.ca/2015/01/discussion-paper-2015-1/
Estimating potential output and the output gap - the difference between actual output and its potential - is important for the proper conduct of monetary policy. However, the measurement and interpretation of potential output, and hence the output gap, is fraught with uncertainty, since it is unobservable.2015-01-21T08:10:04+00:00enMeasuring Potential Output at the Bank of Canada: The Extended Multivariate Filter and the Integrated Framework2015-01-21Economic modelsInflation and pricesLabour marketsProductivityDiscussion Paper 2015-1https://www.bankofcanada.ca/wp-content/uploads/2015/01/dp2015-1.pdfMeasuring Potential Output at the Bank of Canada: The Extended Multivariate Filter and the Integrated FrameworkLise PichettePierre St-AmantBen TomlinKarine AnomaJanuary 2015EE0E3E31E5E52