Brigitte Desroches is a Senior Policy Director in the Canadian Economic Analysis Department. In this capacity, she is a member of the senior leadership team overseeing the Bank's analysis of the Canadian economy and its research on monetary policy. In addition, she conducts analysis and research on current economic issues and monetary policy more generally. Her primary interests include economic forecasting and policy analysis.
Brigitte became an Economist in the International Economic Analysis Department in 2003. Over the years, she has held increasingly senior positions in the International Economic Analysis Department and the Canadian Economic Analysis Department. She developed a particular expertise in forecasting and macroeconomic modelling, contributing to policy-relevant research and analysis.
More recently, Ms. Desroches was the Director of the Canadian Projections and Policy Analysis Division. In this capacity, she oversaw the analysis of economic developments in Canada, assessed their impact on the outlook and provided a recommendation to Governing Council for the setting of monetary policy. She subsequently became Senior Policy Adviser in the Canadian Economic Analysis Department, leading the departments’ contributions to the Bank of Canada’s Monetary Policy Report (MPR).
Staff Discussion Papers
Staff Working Papers
Bank of Canada Review articles
Inflation Expectations and the Conduct of Monetary Policy: A Review of Recent Evidence and ExperienceThis article explores the role of inflation expectations in the conduct of monetary policy. It reviews the various measures of inflation expectations used by central banks, including surveys and market-based indicators, and considers their advantages and disadvantages. It examines the critical role of inflation expectations in the framework that central banks use to understand, forecast, and control inflation. It also looks at their role as an indicator of central bank credibility. The behaviour of inflation expectations over the past two years is analyzed and policy conclusions are offered.
- World Real Interest Rates: A Global Savings and Investment Perspective
(with Michael Francis), Applied Economics, forthcoming in 2008H2.
- Evaluating Threshold Effects in Consumer Sentiment
(with Marc-André Gosselin), Southern Economic Journal, Vol. 70, April 2004.
- "The Transmission of World Shocks to Emerging-Market Countries: An Empirical Analysis"
Money Affairs, Vol. XVIII, No. 2, July-December 2005.
- "Explicación de cómo se transmiten los choques mundiales a los países de mercados emergentes: un análisis empírico"
Monetaria, Vol. XXVIII, No. 3, July-September 2005.
- "Institutional Reform, Trade and Growth: The Experiences of India and China in a Global Economy"
(with Michael Francis and Francois Painchaud). Proceedings of the International Conference on Economic Reforms in India and China, Indira Gandhi Institute, February 2005.