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Commodity Currencies and Empirical Exchange Rate Puzzles
Rogoff, Kenneth - 2002
This paper re-examines empirical exchange rate puzzles by focusing on three OECD economies (Australia, Canada, and New …
Persistent link: https://www.econbiz.de/10014399730
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With great power comes great responsibility : macroprudential tools at work in Canada
Krznar, Ivo; Morsink, James - 2014
Persistent link: https://www.econbiz.de/10010388738
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New Zealand banks’ vulnerabilities and capital adequacy
Jang, Byung K.; Kataoka, Masahiko - 2013
The paper finds that, given New Zealand’s conservative approach in implementing the Basel II framework, New Zealand banks’ headline capital ratios underestimate their capital strength. A comparison with Canadian, UK and Australian banks highlights the impact of New Zealand’s more...
Persistent link: https://www.econbiz.de/10012671009
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The cost of future policy : intertemporal public sector balance sheets in the G7
Koshima, Yugo; Harris, Jason; Tieman, Alexander F.; … - 2021
This paper compiles the Intertemporal Public Sector Balance Sheets for all G7 countries and examines their relationship with government borrowing costs. In 2018, all G7 countries have negative Intertemporal Net Financial Worth (INFW), falling short of their intertemporal budget constraint. A...
Persistent link: https://www.econbiz.de/10012613501
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Shock from graying : is the demographic shift weakening monetary policy effectiveness
Imam, Patrick - 2013
effectiveness may moderate in graying societies. It then uses Bayesian estimation techniques for the U.S., Canada, Japan, U.K., and …
Persistent link: https://www.econbiz.de/10012667511
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How to improve inflation targeting in Canada
Obstfeld, Maurice; Clinton, Kevin; Kamenik, Ondra; … - 2016
Routine publication of the forecast path for the policy interest rate (i.e. 'conventional forward guidance') would improve the transparency of monetary policy. It would also improve policy effectiveness through its influence on expectations, particularly when there is a risk of low inflation,...
Persistent link: https://www.econbiz.de/10011715420
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Products and provinces : a disaggregated panel analysis of Canada's manufacturing exports
Agur, Itai - 2016
years has energized export growth, the response has not been as strong as would have been expected given the size of the … the structural factors behind export competitiveness by using unique Canadian data on exports, which are disaggregated … supply-side variables, we find that these variables significantly affect export growth, beyond the impact of the exchange …
Persistent link: https://www.econbiz.de/10011715425
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Shocks, financial dependence, and efficiency : evidence from U.S. and Canadian industries
Estevão, Marcelo M.; Severo, Tiago - 2011
Persistent link: https://www.econbiz.de/10009423208
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Household debt and house prices-at-risk : a tale of two countries
Alter, Adrian; Mahoney, Elizabeth M. - 2020
37 cities across the United States and Canada using quarterly data from 1983 to 2018. This paper finds that downside … risks to housing markets in the United States have seemingly fallen over the past decade, while having increased in Canada …
Persistent link: https://www.econbiz.de/10012251283
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Tax elasticity estimates for capital stocks in Canada
Wen, Jean-François; Yilmaz, Fatih - 2020
The paper provides estimates of the long-run, tax-adjusted, user cost elasticity of capital (UCE) in a small open economy, exploiting three sources of variation in Canadian tax policy: across provinces, industries, and years. Estimates of the UCE with Canadian data are less prone to the...
Persistent link: https://www.econbiz.de/10012251411