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3160 Results

September 27, 2019

Joint Macroeconomic Workshop in Tokyo

The Bank of Canada, together with the Bank of Japan and the Federal Reserve Bank of Philadelphia, held the first joint workshop on macroeconomic issues for central banks. Participants discussed household inequality, labour-market dynamics, and monetary and fiscal policy.

The Size and Characteristics of Informal (“Gig”) Work in Canada

Staff analytical note 2019-6 Olena Kostyshyna, Corinne Luu
Underlying wage growth has fallen short of what would be consistent with an economy operating with little or no slack. While many factors could explain this weakness, the availability of additional labour resources from informal (“gig”) work—not fully captured in standard measures of employment and hours worked—may play a role.

Is Central Bank Currency Fundamental to the Monetary System?

Staff discussion paper 2020-2 Hanna Armelius, Carl Andreas Claussen, Scott Hendry
In this paper, we discuss whether the ability of individuals to convert commercial bank money (i.e., bank deposits) into central bank money is fundamentally important for the monetary system.
September 8, 2018

Investing in Monetary Policy Independence in a Small Open Economy

Remarks Stephen S. Poloz, Césaire Meh Monetary Policy Spillovers in a Financially Integrated World Copenhagen, Denmark
Governor Poloz discusses policies that can help central banks keep the ability to pursue independent monetary policy in a financially integrated global economy.
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