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8927 Results

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 […]

Modelling Government Fiscal Behaviour in Canada

Technical Report No. 34 Jack Selody, Kevin Lynch
There are many models of fiscal policy in the economic literature and each has been based on a particular set of assumptions concerning the interaction of policy variables. However, even though these assumptions are critical to the behaviour of the models, there has as yet been no systematic attempt to test their validity or relative […]
Content Type(s): Staff research, Technical reports Topic(s): Fiscal policy JEL Code(s): C, C5, C50, H, H3, H30, H6, H60

An Econometric Model of the Steel Trade

Technical Report No. 33 Richard Dion
In this report, the author uses steel as a case study for an analysis at the industrial level of forces at work in the international economy that have had an important impact on recent Canadian economic performance. Prominent among those forces are cost competitiveness and aggregate demand in Canada and abroad.

Gerald Bouey

Mr. Bouey was appointed Governor of the Bank of Canada and President of the Industrial Development Bank on 1 February 1973.

Louis Rasminsky

Mr. Rasminsky was appointed Governor of the Bank of Canada and President of the Industrial Development Bank in July 1961. He was re-appointed for a second 7-year term in 1968. Born in Montreal in 1908, Mr. Rasminsky was educated at the University of Toronto and the London School of Economics. He worked at the League […]

James Coyne

James Coyne was appointed Governor of the Bank of Canada and President of the Industrial Development Bank on 1 January 1955. Born in Winnipeg, Mr. Coyne graduated from the University of Manitoba with a BA in 1931 and studied at Oxford University as a Rhodes Scholar, attaining a BA Jurisprudence and BCL in 1934. Mr. […]

Graham Towers

Mr. Towers was appointed Governor of the Bank of Canada on 8 September 1934 and served three 7-year terms, retiring on 31 December 1954. Born in Montreal in 1897, Mr. Towers graduated from McGill University in 1919 and had a distinguished career with the Royal Bank of Canada at Montreal before becoming Governor of the […]
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