Monetary Policy Under Uncertainty: Practice Versus Theory Staff discussion paper 2017-13 Rhys R. Mendes, Stephen Murchison, Carolyn A. Wilkins For central banks, conducting policy in an environment of uncertainty is a daily fact of life. This uncertainty can take many forms, ranging from incomplete knowledge of the correct economic model and data to future economic and geopolitical events whose precise magnitudes and effects cannot be known with certainty. Content Type(s): Staff research, Staff discussion papers JEL Code(s): E, E5, E52, E58, E6, E61, E65 Research Theme(s): Models and tools, Economic models, Monetary policy, Inflation dynamics and pressures, Monetary policy framework and transmission, Monetary policy tools and implementation
February 17, 2005 Governor Dodge Discusses the Implications of Currency Movements for Monetary Policy Media Relations Vancouver, British Columbia Bank of Canada Governor David Dodge said today, that in conducting monetary policy, the Bank analyzes movements in the Canadian dollar in the context of economic and financial data and events. Content Type(s): Press, Press releases
October 29, 2024 Amplifying our impact To be a leading central bank, we must work beyond our own walls—taking a big-picture view as we move our priorities forward. That means ensuring our messages reach the people we are working for so that they better understand what we do and how it affects their own plans and choices. As we nurture relationships with the Bank’s domestic and international partners, we will focus on areas where we can lead, leveraging our strengths to collaborate and promote greater economic and financial stability for Canadians.
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
December 10, 1996 The maturity structure of household financial assets and liabilities Bank of Canada Review - Winter 1996-1997 Marie-Claude Montplaisir In this article, the author examines the maturity structure of the household sector's balance sheet and the degree of interest rate variability of household loans and financial assets. The bulk of households' interest-bearing assets and financial liabilities consists of medium- and long-term, fixed-rate instruments. The pattern of personal consumption is therefore influenced more by the wealth effects of interest rate changes than by their income effects, and the full impact of a permnent shift in interest rates on consumption will become apparent only after a lag. Content Type(s): Publications, Bank of Canada Review articles
January 30, 2014 Research Update - January 2014 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
December 9, 2004 Financial System Efficiency: A Canadian Imperative Remarks David Dodge Empire Club of Canada and the Canadian Club of Toronto Toronto, Ontario When I talk about the "financial system," I am referring to financial institutions and markets, the infrastructure, laws, and regulations that govern and support their operations, and the macroeconomic framework within which they operate. My message for you is that improving the efficiency of Canada's financial system is imperative. Content Type(s): Press, Speeches and appearances, Remarks
April 24, 2006 Perspectives on Potential Output and Productivity Growth Conference held on 24 and 25 April 2006 (papers in unedited, electronic format only) Content Type(s): Conferences and workshops