This paper analyses the post-pandemic inflation dynamics in Canada using a behavioral macroeconomic model of the Bank … of Canada. Two crucial behavioral assumptions in line with empirical evidence characterize the model: firms make price …-pandemic inflation can be explained by these simple heuristics and traced back to the lifting of economic restrictions in mid-2020 …

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 …

policies designed to maintain price stability. They obtained excellent cooperation from John Crow of Canada, Roberto Zahler of …

structure allows us to assess the macroeconomic impact of the COVID-19 pandemic in Canada. Second, the realistic agent behaviour … of macroprudential policies in Canada. …

We explain how the Bank of Canada's policy models capture the trade-off between output and inflation in Canada. We … inflation and provide new estimates of the trade-off using recently proposed methods. Finally, we contrast these estimates with …

-based indicators are highly correlated with official inflation data and estimates of the output gap and improve the accuracy of … inflation forecasts. This suggests that these indicators could help central banks foresee inflationary pressures in the economy …

accountability of the ECB with some other central banks (Bank of Canada, Bank of Japan, Bank of England and the Federal Reserve … accountability through transparency leads to a lower expected rate of inflation and less stabilization of supply shocks … vergleicht die gesetzlich festgelegte Rechenschaftspflicht der EZB mit der einiger anderer Zentralbanken (Bank of Canada, Bank of …