November 12, 2020
Firm dynamics
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November 12, 2020
Exploring life after COVID-19: the far side of the moon
Senior Deputy Governor Carolyn A. Wilkins discusses what the economy will need once we’re past the COVID-19 crisis. -
Corporate investment and monetary policy transmission in Canada
Unexpected changes in interest rates lead small firms to materially change their investment rate. Large firms, in contrast, show a smaller response. This suggests both that financial conditions are an important channel for transmitting monetary policy and that firm characteristics can help us better understand fluctuations in business investment.