E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit - Bank of Canada
https://www.bankofcanada.ca/rss-feeds/
Bank of Canada RSS Feedsen2024-03-29T11:00:19+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 2022EE2E27E3E4E5E52E58Monetary Policy and Redistribution in Open Economies
https://www.bankofcanada.ca/2022/02/staff-working-paper-2022-6/
We study how different types of monetary policy shape the distributional effects of external economic shocks on households’ consumption in a small open economy. Our results present a trade-off between maintaining overall stabilization and controlling consumption inequality.2022-02-07T08:54:58+00:00enMonetary Policy and Redistribution in Open Economies2022-02-07Exchange rate regimesMonetary policyStaff Working Paper 2022-6https://www.bankofcanada.ca/wp-content/uploads/2022/02/swp2022-6.pdfStaff Working Paper 2022-6Xing GuoPablo OttonelloDiego PerezFebruary 2022EE3E32E5E52FF4F41F44Payment Coordination and Liquidity Efficiency in the New Canadian Wholesale Payments System
https://www.bankofcanada.ca/2022/02/staff-discussion-paper-2022-3/
We study the impact of the Bank of Canada’s choice of settlement mechanism in Lynx on participant behaviors, liquidity usage, payment delays and the overall operational efficiency of the new system.2022-02-04T10:04:08+00:00enPayment Coordination and Liquidity Efficiency in the New Canadian Wholesale Payments System2022-02-04Payment clearing and settlement systemsStaff Discussion Paper 2022-3https://www.bankofcanada.ca/wp-content/uploads/2022/02/sdp2022-3.pdfPayment Coordination and Liquidity Efficiency in the New Canadian Wholesale Payments SystemFrancisco RivadeneyraNellie ZhangFebruary 2022CC5EE4E42E5E58Heterogeneity 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