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008171031s2017    oncd    ob   f000 0 eng d
040 |aCaOODSP|beng
041 |aeng|bfre
043 |an-cn---
0861 |aFB3-7/2017-18E-PDF
1001 |aYang, Jing,|d1970-
24510|aAlternative scenario to the October 2017 MPR base-case projection |h[electronic resource] : |bhigher potential growth / |cJing Yang, Ben Tomlin and Olivier Gervais.
260 |a[Ottawa] : |bBank of Canada, |cc2017.
300 |aiii, 7 p. : |bcol. charts
4901 |aStaff analytical note = Note analytique du personnel, |x2369-9639 ; |v2017-18
500 |aCover title.
504 |aIncludes bibliographical references.
5203 |a"We construct an alternative scenario in which trend labour input and business investment are stronger than that expected in the Bank of Canada’s base-case projection in the October 2017 Monetary Policy Report. We find that while the size and timing of these effects are highly uncertain, the level of potential and real output could be almost 1 per cent higher than expected by the end of 2020. The resulting effect on the output gap and inflation is small and therefore does not affect the stance of monetary policy"--Abstract, p. 3.
546 |aIncludes abstract in French.
69207|2gccst|aInflation
69207|2gccst|aPrices
69207|2gccst|aMonetary policy
7001 |aTomlin, Ben.
7001 |aGervais, Olivier.
7102 |aBank of Canada.
830#0|aStaff analytical note,|x2369-9639 ; |v2017-18|w(CaOODSP)9.807323
85640|qPDF|s339 KB|uhttps://publications.gc.ca/collections/collection_2017/banque-bank-canada/FB3-7-2017-18-eng.pdf