Jonathan Swarbrick - Latest - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T02:34:48+00:00Sequencing Extended Monetary Policies at the Effective Lower Bound
https://www.bankofcanada.ca/2021/07/staff-discussion-paper-2021-10/
In this analysis, we use simulations in the Bank of Canada’s projection model—the Terms-of-Trade Economic Model—to consider a suite of extended monetary policies to support the economy following the COVID-19 crisis.2021-07-15T14:59:27+00:00enSequencing Extended Monetary Policies at the Effective Lower Bound2021-07-15Coronavirus disease (COVID-19)Monetary policyMonetary policy transmissionStaff Discussion Paper 2021-10https://www.bankofcanada.ca/wp-content/uploads/2021/07/sdp2021-10.pdfStaff Discussion Paper 2021-10Yang ZhangLena SuchanekJonathan SwarbrickJoel WagnerTudor SchlangerJuly 2021EE3E4E5E52E58Occasionally Binding Constraints in Large Models: A Review of Solution Methods
https://www.bankofcanada.ca/2021/03/staff-discussion-paper-2021-5/
Solving macroeconomic models is difficult. One challenge is the occasionally binding constraint of the zero lower bound on nominal interest rates. This paper reviews various ways to solve models that include this feature.2021-03-23T10:10:08+00:00enOccasionally Binding Constraints in Large Models: A Review of Solution Methods2021-03-23Business fluctuations and cyclesEconomic modelsStaff Discussion Paper 2021-5https://www.bankofcanada.ca/wp-content/uploads/2021/03/sdp2021-5.pdfStaff Discussion Paper 2021-5Jonathan SwarbrickMarch 2021CC6