September 15, 2008 Adjusting to the Commodity-Price Boom: The Experiences of Four Industrialized Countries Bank of Canada Review - Autumn 2008 Michael Francis Between 2002 and 2008, global commodity prices rose to unprecedented levels. This article examines the process of adjustment to the commodity boom in four industrialized, commodity-exporting countries (Australia, Canada, New Zealand, and Norway). The article focuses on both the direct adjustment within the commodity-producing sectors (via increased employment and capital spending) and the indirect adjustment in the macro economy. The analysis finds that the indirect adjustment process, which was triggered by the increase in incomes that the commodity-price boom generated, has been the most important part of the adjustment in all four economies. Through this channel, aggregate demand rose, exchange rates appreciated, and adjustment was facilitated in other sectors, such as manufacturing and construction. Content Type(s): Publications, Bank of Canada Review articles
December 31, 2000 Summary of Government of Canada - Outstanding as at 31 December 2000 Content Type(s): Publications, Historical: Securities and loans
December 31, 2003 Summary of Government of Canada - Outstanding as at 31 December 2003 Content Type(s): Publications, Historical: Securities and loans
December 27, 2005 Analyzing the Evolution of Financial Instability Risk Financial System Review - December 2005 Céline Gauthier, Pierre St-Amant Content Type(s): Publications, Financial System Review articles
July 10, 2003 Dynamic Models Useful for Policy 2003 Conference held on 10 and 11 July 2003 (papers in unedited, electronic format only) Content Type(s): Conferences and workshops
October 16, 2025 ECONDAT Fall 2025 Meeting – 7th Conference on Nontraditional Data, Machine Learning and Natural Language Processing in Macroeconomics Conference held on October 15 and 16, 2025. Content Type(s): Conferences and workshops
December 31, 2002 Summary of Government of Canada - Outstanding as at 31 December 2002 Content Type(s): Publications, Historical: Securities and loans
The COVID-19 Consumption Game-Changer: Evidence from a Large-Scale Multi-Country Survey Staff working paper 2021-57 Alexander Hodbod, Cars Hommes, Stefanie J. Huber, Isabelle Salle A multi-country consumer survey investigates why and how much households decreased their consumption in five key sectors after pandemic-related restrictions were lifted in Europe in July 2020. Beyond infection risk and precautionary saving motives, households also reported not missing some consumption items, which may indicate preference shifts and structural changes in the post-COVID-19 economy. Content Type(s): Staff research, Staff working papers JEL Code(s): D, D1, D12, D8, D81, D84, E, E2, E21, E6, E60, E7, E71 Research Theme(s): Monetary policy, Inflation dynamics and pressures, Real economy and forecasting
Corporate Debt Composition and Business Cycles Staff working paper 2019-5 Jelena Zivanovic Based on empirical evidence, I propose a dynamic stochastic general equilibrium model with two financial sectors to analyze the role of corporate debt composition (bank versus bond financing) in the transmission of economic shocks. Content Type(s): Staff research, Staff working papers JEL Code(s): E, E3, E32, E4, E44 Research Theme(s): Financial system, Household and business credit, Models and tools, Economic models, Monetary policy, Monetary policy framework and transmission, Real economy and forecasting
May 19, 2011 Bank of Canada Review - Spring 2011 This special issue of the Review, “Lessons from the Financial Crisis,” examines the recent research on the role of liquidity in the financial system and on the public policy responses that aimed to restore stability to the financial system during the crisis and to foster economic recovery. Content Type(s): Publications, Bank of Canada Review