
Gabriel Bruneau
Principal Economist
- Ph.D. Economics, Université de Montréal (2015)
- M.A. Economics, Université Laval (2008)
- B.Sc. Economics (Co-op), Université de Sherbrooke (2002)
Bio
Gabriel Bruneau is a Principal Economist in the Financial Stability Department at the Bank of Canada. He is a macroeconomist and an applied econometrician whose primary research interests center on the monetary economics and financial stability, and the development of nonlinear estimation methods in econometrics. He received his Ph.D. in economics from the University of Montreal.
Staff working papers
Exchange Rate Fluctuations and Labour Market Adjustments in Canadian Manufacturing Industries
We estimate the link between exchange rate fluctuations and the labour input of Canadian manufacturing industries. The analysis is based on a dynamic model of labour demand, and the econometric strategy employs a panel two-step approach for cointegrating regressions.Technical reports
Forecasting Banks’ Corporate Loan Losses Under Stress: A New Corporate Default Model
We present a new corporate default model, one of the building blocks of the Bank of Canada’s bank stress-testing infrastructure. The model is used to forecast corporate loan losses of the Canadian banking sector under stress.Bank publications
Financial System Review articles
June 8, 2017
Canada’s International Investment Position: Benefits and Potential Vulnerabilities
While greater global financial integration is beneficial, the authors discuss how foreign capital inflows can also facilitate the buildup of domestic vulnerabilities and potentially lead to destabilizing reversals. Canada’s current international investment position is typical of advanced economies and will likely continue to act as an economic stabilizer. However, the growth and composition of Canada’s international investment position warrant continued monitoring.Journal publications
Refereed journals
- “Housing market dynamics and macroprudential policies"
(with Ian Christensen and Césaire A. Meh), Canadian Journal of Economics, August 2018, Volume 51, No. 3, Pages 864-900 - “Exchange rate fluctuations and labour market adjustments in Canadian manufacturing industries"
(with Kevin Moran), Canadian Journal of Economics, February 2017, Volume 50, No. 1, Pages 72-93