Posts

• October 3, 2017

  Seeking Gazelles in Polar Bear Country

  Remarks Sylvain Leduc Sherbrooke Chamber of Commerce Sherbrooke, Quebec

  Deputy Governor Sylvain Leduc discusses the decline in firm creation and productivity in the Canadian economy.

  Content Type(s): Press, Speeches and appearances, Remarks Research Topic(s): Business fluctuations and cycles, Firm dynamics, International topics, Market structure and pricing, Potential output, Productivity
• October 3, 2017

  CFIF Meeting (October 3, 2017)

  Content Type(s): Meetings Source(s): Canadian Fixed-Income Forum
• September 30, 2017

  Research Update - September 2017

  This monthly newsletter features the latest research publications by Bank of Canada economists including external publications and working papers published on the Bank of Canada’s website.

  Content Type(s): Staff research, Research newsletters

• Global Trade Flows: Revisiting the Exchange Rate Elasticities

  Staff Working Paper 2017-41 Matthieu Bussière, Guillaume Gaulier, Walter Steingress

  This paper contributes to the debate on the magnitude of exchange rate elasticities by providing a set of price and quantity elasticities for 51 advanced and emerging-market economies. Specifically, for each of these countries we report the elasticity of trade prices and trade quantities on both the export and on the import sides, as well as the reaction of the trade balance.

  Content Type(s): Staff research, Staff working papers Research Topic(s): Exchange rates, Inflation and prices, International topics JEL Code(s): C, C5, C51, F, F1, F14, F3, F31, F33, F4, F41
• September 29, 2017

  Weekly Financial Statistics - 29 September 2017

  Content Type(s): Publications, Historical: Weekly Financial Statistics
• September 28, 2017

  Banking and Financial Statistics - September 2017

  Content Type(s): Publications, Historical: Banking and Financial Statistics

• Government Spending Multipliers Under the Zero Lower Bound: Evidence from Japan

  Staff Working Paper 2017-40 Thuy Lan Nguyen, Dmitriy Sergeyev, Wataru Miyamoto

  Using a rich data set on government spending forecasts in Japan, we provide new evidence on the effects of unexpected changes in government spending when the nominal interest rate is near the zero lower bound (ZLB).

  Content Type(s): Staff research, Staff working papers Research Topic(s): Economic models, Fiscal policy JEL Code(s): E, E3, E32, E5, E6, E62
• September 27, 2017

  The Meaning of “Data Dependence”: An Economic Progress Report

  Remarks Stephen S. Poloz St. John’s Board of Trade St. John's, Newfoundland and Labrador

  Governor Stephen S. Poloz discusses how unknowns in Canada’s inflation outlook have made the Bank’s monetary policy particularly data dependent.

  Content Type(s): Press, Speeches and appearances, Remarks Research Topic(s): Business fluctuations and cycles, Inflation and prices, Monetary policy, Monetary policy and uncertainty, Recent economic and financial developments, Regional economic developments
• September 27, 2017

  Monetary policy data dependent given unknowns in inflation outlook, Bank of Canada Governor Poloz says

  Media Relations St. John's, Newfoundland and Labrador

  The Bank of Canada’s approach to monetary policy has become particularly data dependent, because of significant unknowns around the inflation outlook as the Canadian economy nears its potential, Governor Stephen S. Poloz said today.

  Content Type(s): Press, Press releases

• What’s Up with Unit Non-Response in the Bank of Canada’s Business Outlook Survey? The Effect of Staff Tenure

  Staff Discussion Paper 2017-11 Sarah Miller, David Amirault, Laurent Martin

  Since 1997, the Bank of Canada’s regional offices have been conducting the Business Outlook Survey (BOS), a quarterly survey of business conditions. Survey responses are gathered through face-to-face, confidential consultations with a sample of private sector firms representative of the various sectors, firm sizes and regions across Canada.

  Content Type(s): Staff research, Staff discussion papers Research Topic(s): Econometric and statistical methods, Firm dynamics, Regional economic developments JEL Code(s): C, C2, C21, C8, C81, D, D2, D22