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 Research Topic(s): Balance of payments and components JEL Code(s): E, E2, E22
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 Research Topic(s): Fiscal policy, Inflation and prices, Monetary policy and uncertainty JEL Code(s): E, E3, E31, E6, E63