Uninsurable Investment Risks
The authors study a general-equilibrium economy in which agents have the ability to invest in a risky technology.
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July 22, 2004
Monetary Policy Report Update – July 2004
Since the April Monetary Policy Report, three developments have led the Bank of Canada to make small modifications to its outlook for economic growth and inflation in Canada. -
July 22, 2004
Release of the Monetary Policy Report
Let me start with our outlook for inflation. Higher-than-expected world oil prices mean that total CPI inflation is likely to remain above 2 per cent through the rest of this year, before falling slightly below core inflation in the second half of 2005. -
July 20, 2004
Bank of Canada keeps target for the overnight rate at 2 per cent
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 2 per cent. The operating band for the overnight rate is unchanged, and the Bank Rate remains at 2 1/4 per cent. -
July 13, 2004
Bank of Canada Announces Appointment of Special Adviser
The Bank of Canada today announced the appointment of Professor Christopher Ragan to the position of Special Adviser during the year 2004-2005. -
July 12, 2004
Business Outlook Survey - Summer 2004
Businesses are somewhat more optimistic about the outlook than they were in the spring, reflecting increased confidence about the robustness of the global economic recovery. -
July 8, 2004
Bank of Canada releases 2005 schedule of dates for its policy interest rate announcements
The Bank of Canada today released its 2005 schedule of eight dates for announcing decisions on its key policy interest rate, and confirmed the announcement dates for the remainder of this year. -
June 24, 2004
Co-operation and the Conduct of Economic Policy
The theme of this event is "Policy Coordination in an Integrated Global Economy." It seems as if the idea of policy coordination is making a comeback these days. -
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