of monetary policy. We find that the Bank of Canada's current preferred measures of core inflation-CPI-trim, CPI …We provide an updated evaluation of the value of various measures of core inflation that could be used in the conduct … biased, less volatile and much more persistent relative to alternative core measures and CPI inflation. They are also still …

We present a novel database of real-time data and forecasts from the Bank of Canada's staff economic projections. We … then provide a forecast evaluation for GDP growth and CPI inflation since 1982: we compare the staff forecasts with those …

This paper studies the Great Inflation in Canada, Australia, and New Zealand. Newspaper coverage and policymakers … delegated inflation control to nonmonetary devices. This hypothesis helps explain why, unlike Canada, Australia and New Zealand …' statements are used to analyze the views on the inflation process that led to the 1970s macroeconomic policies, and the different …

This paper studies the effects of fiscal policy on GDP, inflation and interest rates in 5 OECD countries, using a … plausible values of its price elasticity, government spending typically has small effects on inflation. 6) Both the decline in …

this has led some economists to recommend that Canada increase its inflation rate. Underlying this view is the idea that …A recent paper has suggested there might be a trade-off between inflation and unemployment at low inflation rates and …, because firms are reluctant to cut workers' nominal wages, a moderate amount of inflation can be used to facilitate needed …

Canada's inflation rate rose from 3.1 percent in June 2021 to 8.1 percent one year later. What is behind this rapid … rising inflation. We find a few items dominate, especially energy and items sensitive to oil prices. To separate demand- from … supply-driven inflation, we use detailed household expenditure data and find rising inflation is primarily the latter. We …