Staff research, Publications

• April 22, 2010

  Monetary Policy Report – April 2010

  

  Global economic growth has been somewhat stronger than projected, with momentum in emerging-market economies increasing noticeably.

  Content Type(s): Publications, Monetary Policy Report

• Prospects for Global Current Account Rebalancing

  Staff Discussion Paper 2010-4 Kimberly Beaton, Carlos De Resende, René Lalonde, Stephen Snudden

  The authors use the Bank of Canada's version of the Global Economy Model, a multi-country, multi-sector dynamic stochastic general-equilibrium model with an active banking system (the BoC-GEM-FIN), to study the evolution of global current account balances following the recent global financial crisis.

  Content Type(s): Staff research, Staff discussion papers Research Topic(s): Balance of payments and components, Business fluctuations and cycles, International topics, Recent economic and financial developments JEL Code(s): E, E2, E21, F, F0, F01, F3, F32

• Le pouvoir de prévision des indices PMI

  Staff Discussion Paper 2010-3 Claudia Godbout, Jocelyn Jacob

  The forecast of world economic growth plays a key role in the conduct of Canadian monetary policy. In this context, the authors study the usefulness of the monthly Purchasing Managers’ Indexes (PMIs) in predicting short-term real GDP growth in the euro area, Japan, the United Kingdom, and China, as well as in the world economy.

  Content Type(s): Staff research, Staff discussion papers Research Topic(s): Business fluctuations and cycles, International topics JEL Code(s): E, E3, E37, F, F4, F47
• April 16, 2010

  Senior Loan Officer Survey - First-Quarter 2010

  The survey results point to an overall easing in business-lending conditions during the first quarter of 2010, following a stabilization of lending conditions in the last quarter of 2009. Both the price and non-price aspects of business lending eased during the first quarter.

  Content Type(s): Publications, Senior Loan Officer Survey
• April 12, 2010

  Business Outlook Survey - Spring 2010

  On balance, firms expect sales growth to pick up over the next 12 months, and plan to increase investment spending and employment. Their investment plans are increasingly being targeted at expansion and at improving efficiency to promote future growth.

  Content Type(s): Publications, Business Outlook Survey