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1937
result(s)
Responses of Various Econometric Models to Selected Policy Shocks
Technical Report No. 38
Brian O'Reilly,
Graydon Paulin,
Philip Smith
In July, 1982 a seminar was held in Ottawa to compare the responses of nine major econometric models to a previously specified set of shocks to the Canadian economy. At the seminar, which was sponsored by the Bank of Canada and the Department of Finance, participants presented the results of their simulations and discussed the […]
Content Type(s):
Staff research,
Technical reports
Topic(s):
Economic models
JEL Code(s):
C,
C5,
C52,
E,
E1,
E17
The Investment Supply Response of Traded-Goods Industries
Technical Report No. 37
Paul Boothe
In this paper, the author uses neoclassical investment equations to examine investment behaviour in four groups of Canadian industries: export-oriented, import-competing, two- way-trade, and low-trade.
Content Type(s):
Staff research,
Technical reports
Topic(s):
Balance of payments and components
JEL Code(s):
E,
E2,
E22
La non-neutralité du mode de financement du gouvernement
Technical Report No. 36
Paul Masson
It has long been a subject of debate among economists as to whether different methods of financing government expenditures—issuing bonds or raising taxes—will bring about different effects on the economy. The purpose of this technical report is to quantify the substitution effects brought about by tax rate changes and to see to what extent they […]
Content Type(s):
Staff research,
Technical reports
Topic(s):
Debt management
JEL Code(s):
H,
H6,
H60
Asset Stocks and the Use of Monetary and Fiscal Policies to Reduce Inflation
Technical Report No. 35
Paul Masson
This paper analyzes the dynamic behaviour of a country's economy under different policy regimes, by examining the cyclical effects that occur when certain intermediate macroeconomic targets are adopted. To highlight the differences in the adjustment paths that result, the study deliberately limits policy choice: either money supply or nominal income as targets, and either real […]
Content Type(s):
Staff research,
Technical reports
Topic(s):
Fiscal policy,
Inflation and prices,
Monetary policy and uncertainty
JEL Code(s):
E,
E3,
E31,
E6,
E63
Modelling Government Fiscal Behaviour in Canada
Technical Report No. 34
Jack Selody,
Kevin Lynch
There are many models of fiscal policy in the economic literature and each has been based on a particular set of assumptions concerning the interaction of policy variables. However, even though these assumptions are critical to the behaviour of the models, there has as yet been no systematic attempt to test their validity or relative […]
Content Type(s):
Staff research,
Technical reports
Topic(s):
Fiscal policy
JEL Code(s):
C,
C5,
C50,
H,
H3,
H30,
H6,
H60
An Econometric Model of the Steel Trade
Technical Report No. 33
Richard Dion
In this report, the author uses steel as a case study for an analysis at the industrial level of forces at work in the international economy that have had an important impact on recent Canadian economic performance. Prominent among those forces are cost competitiveness and aggregate demand in Canada and abroad.
Content Type(s):
Staff research,
Technical reports
Topic(s):
Balance of payments and components,
Economic models
JEL Code(s):
C,
C5,
C51,
F,
F1,
F14