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| 01787nam 2200313za 4500 |
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| 001 | 9.858547 |
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| 003 | CaOODSP |
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| 005 | 20221107160025 |
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| 007 | cr ||||||||||| |
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| 008 | 180705s2018 onc ob f000 0 eng d |
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| 040 | |aCaOODSP|beng |
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| 041 | |aeng|bfre |
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| 043 | |an-cn--- |
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| 086 | 1 |aFB3-7/2018-22E-PDF |
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| 100 | 1 |aChen, Xin Scott. |
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| 245 | 14|aThe neutral rate in Canada |h[electronic resource] : |b2018 estimates / |cXin Scott Chen and José Dorich. |
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| 260 | |a[Ottawa] : |bBank of Canada, |cc2018. |
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| 300 | |aii, 5 p. |
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| 490 | 1 |aStaff analytical note = Note analytique du personnel, |x2369-9639 ; |v2018-22 |
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| 500 | |aCover title. |
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| 504 | |aIncludes bibliographical references. |
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| 520 | 3 |a"The neutral nominal policy rate serves as a benchmark for assessing the degree of monetary stimulus and provides a medium- to long-run anchor for the policy rate. Since quantitative measures of the neutral rate are subject to considerable uncertainty, Bank staff rely on four different approaches to estimate the Canadian neutral rate. These approaches take explicit account of domestic and global factors, the relative importance of which varies with each approach. Informed by this analysis, Bank staff estimate that the Canadian neutral nominal policy rate lies between 2.5 and 3.5 per cent, the same range reported in the April 2017 Monetary Policy Report"--Abstract, p. ii. |
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| 546 | |aIncludes abstract in French. |
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| 692 | 07|2gccst|aInterest rates |
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| 692 | 07|2gccst|aMonetary policy |
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| 700 | 1 |aDorich, José. |
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| 710 | 2 |aBank of Canada. |
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| 830 | #0|aStaff analytical note,|x2369-9639 ; |v2018-22.|w(CaOODSP)9.807323 |
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| 856 | 40|qPDF|s1.01 MB|uhttps://publications.gc.ca/collections/collection_2018/banque-bank-canada/FB3-7-2018-22-eng.pdf |
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