Sequencing extended monetary policies at the effective lower bound / by Yang Zhang, Lena Suchanek, Jonathan Swarbrick, Joel Wagner and Tudor Schlanger.: FB3-6/2021-10E-PDF

"In response to the global COVID-19 pandemic, the Bank of Canada aggressively lowered its policy interest rate and provided additional easing using forward guidance and quantitative easing. In this analysis, we use simulations in the Bank of Canada’s projection model—the Terms-of-Trade Economic Model—to consider a suite of extended monetary policies (EMPs) to support the economy following the COVID-19 crisis"--Abstract.

Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.903212&sl=0

Publication information
Department/Agency Bank of Canada, issuing body.
Title Sequencing extended monetary policies at the effective lower bound / by Yang Zhang, Lena Suchanek, Jonathan Swarbrick, Joel Wagner and Tudor Schlanger.
Series title Staff discussion paper = Document d'analyse du personnel, 1914-0568 ; 2021-10
Publication type Series - View Master Record
Language [English]
Format Electronic
Electronic document
Note(s) "Last updated: July 15, 2021."
Includes bibliographical references (pages 22-25).
Includes abstract in French.
Publishing information Ottawa, Ontario, Canada : Bank of Canada = Banque du Canada, 2021.
©2021
Author / Contributor Zhang, Yang, author.
Description 1 online resource (ii, 27 pages) : charts.
Catalogue number
  • FB3-6/2021-10E-PDF
Subject terms Monetary policy -- Canada.
COVID-19 Pandemic, 2020- -- Economic aspects -- Canada.
Politique monétaire -- Canada.
Pandémie de COVID-19, 2020- -- Aspect économique -- Canada.
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