E3 - Prices, Business Fluctuations, and Cycles - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-19T06:02:54+00:00Potential Output in Canada: 2019 Reassessment
https://www.bankofcanada.ca/2019/04/staff-analytical-note-2019-10/
Potential output is expected to grow on average at 1.8 per cent over 2019–21 and at 1.9 per cent in 2022. While the contribution of trend labour input to potential output growth is expected to decrease between 2019 and 2022, the contribution of trend labour productivity is projected to increase.2019-04-17T11:03:16+00:00enPotential Output in Canada: 2019 Reassessment2019-04-17Labor Mobility in a Monetary Union
https://www.bankofcanada.ca/2019/04/staff-working-paper-2019-15/
The optimal currency literature has stressed the importance of labor mobility as a precondition for the success of monetary unions. But only a few studies formally link labor mobility to macroeconomic adjustment and policy. In this paper, we study macroeconomic dynamics and optimal monetary policy in an economy with cyclical labor flows across two distinct regions that share trade links and a common monetary framework.2019-04-12T10:08:57+00:00enLabor Mobility in a Monetary Union2019-04-12Business fluctuations and cyclesEconomic modelsLabour marketsMonetary policy frameworkRegional economic developmentsStaff Working Paper 2019-15https://www.bankofcanada.ca/wp-content/uploads/2019/04/swp2019-15.pdfLabor Mobility in a Monetary UnionDaniela HauserMartin SenecaApril 2019EE3E32E5E52FF4