Vikram Rai - Latest - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-28T09:44:36+00:00Exploring Wage Phillips Curves in Advanced Economies
https://www.bankofcanada.ca/2019/08/staff-discussion-paper-2019-8/
We investigate the extent to which excess supply (demand) in labour markets contributes to a lower (higher) growth rate of average nominal wages for workers. Using panel methods on data from 10 advanced economies for 1992–2018, we produce reduced-form estimates of a wage Phillips curve specification that is consistent with a New Keynesian framework.2019-08-12T11:58:34+00:00enExploring Wage Phillips Curves in Advanced Economies2019-08-12Inflation and pricesLabour marketsMonetary policyStaff Discussion Paper 2019-8https://www.bankofcanada.ca/wp-content/uploads/2019/08/sdp2019-8.pdfExploring Wage Phillips Curves in Advanced EconomiesRose CunninghamVikram RaiKristina HessAugust 2019CC3C33EE3E31E32Low Inflation in Advanced Economies: Facts and Drivers
https://www.bankofcanada.ca/2017/10/staff-analytical-note-2017-16/
Since the global financial crisis, core inflation has been persistently below target in most advanced economies. Recently, it has weakened further in several advanced economies despite gradually diminishing slack. This note reviews recent developments in core inflation across advanced economies and identifies distinctive patterns across regions.2017-10-25T06:00:28+00:00enLow Inflation in Advanced Economies: Facts and Drivers2017-10-25The Effect of the Federal Reserve’s Tapering Announcements on Emerging Markets
https://www.bankofcanada.ca/2014/11/working-paper-2014-50/
The Federal Reserve’s quantitative easing (QE) program has been accompanied by a flow of funds into emerging-market economies (EMEs) in search of higher returns.2014-11-19T11:39:54+00:00enThe Effect of the Federal Reserve’s Tapering Announcements on Emerging Markets2014-11-19International financial marketsInternational topicsMonetary policy transmissionWorking Paper 2014-50https://www.bankofcanada.ca/wp-content/uploads/2014/11/wp2014-50.pdfThe Effect of the Federal Reserve’s Tapering Announcements on Emerging MarketsVikram RaiLena SuchanekNovember 2014CC3C33EE5E58FF3F32GG1G14