E2 - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-28T21:56:16+00:00A Horse Race of Alternative Monetary Policy Regimes Under Bounded Rationality
https://www.bankofcanada.ca/2022/02/staff-discussion-paper-2022-4/
We introduce bounded rationality in a canonical New Keynesian model calibrated to match Canadian macroeconomic data since Canada’s adoption of inflation targeting. We use the model to quantitatively assess the macroeconomic impact of alternative monetary policy regimes.2022-02-22T08:52:16+00:00enA Horse Race of Alternative Monetary Policy Regimes Under Bounded Rationality2022-02-22Central bank researchEconomic modelsMonetary policy frameworkMonetary policy transmissionStaff Discussion Paper 2022-4https://www.bankofcanada.ca/wp-content/uploads/2022/02/sdp2022-4.pdfStaff Discussion Paper 2022-4Joel WagnerTudor SchlangerYang ZhangFebruary 2022EE2E27E3E4E5E52E58Heterogeneity and Monetary Policy: A Thematic Review
https://www.bankofcanada.ca/2022/02/staff-discussion-paper-2022-2/
The theory that rich economic diversity of businesses and households both affects and is shaped by economy-wide fluctuations has strong implications for monetary policy. This review places these insights in a Canadian context.2022-02-02T09:25:14+00:00enHeterogeneity and Monetary Policy: A Thematic Review2022-02-02Economic modelsMonetary policy and uncertaintyMonetary policy transmissionStaff Discussion Paper 2022-2https://www.bankofcanada.ca/wp-content/uploads/2022/02/sdp2022-2.pdfHeterogeneity and Monetary Policy: A Thematic ReviewFelipe AlvesChristian BustamanteXing GuoKatya KartashovaSoyoung LeeThomas Michael PughKurt SeeYaz TerajimaAlexander UeberfeldtFebruary 2022DD2D25D3D31EE2E22E24E5E50E52