Christian Calmès - Latest - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T14:15:25+00:00Self-Enforcing Labour Contracts and the Dynamics Puzzle
https://www.bankofcanada.ca/2005/01/working-paper-2005-1/
To properly account for the dynamics of key macroeconomic variables, researchers incorporate various internal-propagation mechanisms in their models.2005-01-01T10:41:11+00:00enSelf-Enforcing Labour Contracts and the Dynamics Puzzle2005-01-01Business fluctuations and cyclesEconomic modelsLabour marketsWorking Paper 2005-1 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp05-1.pdfSelf-Enforcing Labour Contracts and the Dynamics PuzzleChristian CalmèsJanuary 2005EE1E12E4E49JJ3J30J31J4J41Financial Market Imperfection, Overinvestment, and Speculative Precaution
https://www.bankofcanada.ca/2004/07/working-paper-2004-27/
The author uses panel data to assess the sensitivity of investment to cash flow in non-financial firms, taking into account the role their financial health plays in investment decisions.2004-07-01T11:36:41+00:00enFinancial Market Imperfection, Overinvestment, and Speculative Precaution2004-07-01Business fluctuations and cyclesWorking Paper 2004-27 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp04-27.pdfFinancial Market Imperfection, Overinvestment, and Speculative PrecautionChristian CalmèsJuly 2004DD9D92EE2E22E4E44GG3G33Regulatory Changes and Financial Structure: The Case of Canada
https://www.bankofcanada.ca/2004/07/working-paper-2004-26/
The author documents some stylized facts about the Canadian financial structure. He explores these empirical facts in the context of Canadian financial legislation and finds that, over the 1990s, Canadian businesses became more heavily dependent on financial markets as their primary source of external funding.2004-07-01T11:28:36+00:00enRegulatory Changes and Financial Structure: The Case of Canada2004-07-01Financial institutionsFinancial servicesRecent economic and financial developmentsWorking Paper 2004-26 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp04-26.pdfRegulatory Changes and Financial Structure: The Case of CanadaChristian CalmèsJuly 2004GG2G20G21Poignée de main invisible et persistance des cycles économiques : une revue de la littérature
https://www.bankofcanada.ca/2003/12/working-paper-2003-40/
The author explains how self-enforcing labour contracts can enhance the performance of macroeconomic models. He exposes the benefits of using these dynamic contracts to account for some puzzling macroeconomic facts regarding the dynamics and persistence of employment, consumption and output.2003-12-04T14:47:41+00:00frPoignée de main invisible et persistance des cycles économiques : une revue de la littérature2003-12-04Business fluctuations and cyclesEconomic modelsWorking Paper 2003-40https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp03-40.pdfPoignée de main invisible et persistance des cycles économiques : une revue de la littératureChristian CalmèsDecember 2003EE1E12E4E49JJ3J30J31J4J41