Subrata Sarker - Latest - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-28T18:14:23+00:00An Update on the Neutral Rate of Interest
https://www.bankofcanada.ca/wp-content/uploads/2017/11/boc-review-autumn2017-dorich.pdf
The neutral rate serves as a benchmark for measuring monetary stimulus and provides a medium- to long-run anchor for the real policy rate. Global neutral rate estimates have been falling over the past few decades. Factors such as population aging, high corporate savings, and low trend productivity growth are likely to continue supporting a low global neutral rate. These global factors as well as domestic factors are exerting downward pres-sure on the Canadian real neutral rate, which is estimated to be between 0.5 to 1.5 per cent. This low neutral rate has important implications for monetary policy and financial stability.2017-11-16T12:16:01+00:00enAn Update on the Neutral Rate of Interest2017-11-16Digitalization and Inflation: A Review of the Literature
https://www.bankofcanada.ca/2017/11/staff-analytical-note-2017-20/
In the past few years, many have postulated that the possible disinflationary effects of digitalization could explain the subdued inflation in advanced economies. In this note, we review the evidence found in the literature. We look at three main channels.2017-11-02T07:58:05+00:00enDigitalization and Inflation: A Review of the Literature2017-11-02Low Inflation in Advanced Economies: Facts and Drivers
https://www.bankofcanada.ca/2017/10/staff-analytical-note-2017-16/
Since the global financial crisis, core inflation has been persistently below target in most advanced economies. Recently, it has weakened further in several advanced economies despite gradually diminishing slack. This note reviews recent developments in core inflation across advanced economies and identifies distinctive patterns across regions.2017-10-25T06:00:28+00:00enLow Inflation in Advanced Economies: Facts and Drivers2017-10-25