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8939 Results

Firm Heterogeneity, Technological Adoption, and Urbanization: Theory and Measurement

Staff Working Paper 2017-27 Alex Chernoff
This paper develops a model of firm heterogeneity, technological adoption, and urbanization. In the model, welfare is measured by household real income, and urbanization is measured by population density. I use the model to derive statistics that measure the effect of a new technology on productivity, welfare, and urbanization.

Monetary Policy Implementation in a Negative Rate Environment

Staff Working Paper 2017-25 Michael Boutros, Jonathan Witmer
Monetary policy implementation could, in theory, be constrained by deeply negative rates since overnight market participants may have an incentive to invest in cash rather than lend to other participants.
July 12, 2017

Monetary Policy Report Press Conference Opening Statement

Governor Stephen S. Poloz discusses key issues involved in the Governing Council’s deliberations about the policy rate decision and the MPR.
July 12, 2017

Monetary Policy Report - Press Conference (Webcasts) - July 2017

Release of the Monetary Policy Report - Press conference by Governor Stephen S. Poloz and Senior Deputy Governor Carolyn A. Wilkins. (11:15 (ET) approx.).

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